Bitcoin whale addresses added 71,000 Bitcoins during last week’s drop
According to IntoTheBlock data reported, when the price of Bitcoin fell to $54,200 on July 5th, whale addresses increased their holdings by 71,000 Bitcoins, worth about $4.3 billion. In addition, CryptoQuant data shows that Bitcoin whales are currently accumulating Bitcoins at the fastest rate (calculated by the 30-day moving average) since April 2023 (the collapse of Silicon Valley Bank).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DEBIT (Episode 2): Trade to share 45,000 USDT
Trend-following bot upgrade: Custom parameter settings now supported
CandyBomb x CNPY: Trade to share 75,000 USDC
New spot margin trading pair — CP/USDT, SOPH/USDT!
Crypto prices
More
