CandleFocus Bitcoin Whales Rapidly Buying It Back – 5,000 BTC Added in March
2025-03-10
Author: Content Editor
Bitcoin whales, who had previously sold their BTC, have started buying it back. They have already accumulated around 5,000 BTC, worth over $400 million. The price of Bitcoin has not been affected by this accumulation yet, but it may change in the second half of March if large whales continue to buy. However, Mike McGlone of Bloomberg Intelligence predicts a large Bitcoin decline this year, comparing it to the Nasdaq 100 peak in the early 2000s. He believes Bitcoin could crash after reaching a peak of $100,000.
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