Large-scale investors, known as whales, are accumulating more Bitcoin as the price remains below $90,000. On-chain data shows that wallets holding at least 0.1% of Bitcoin's circulating supply have added around 15,000 BTC, worth $1.28 billion. This suggests that these big holders are confident in Bitcoin's long-term potential despite recent market volatility. Historically, whale accumulation has been seen as a bullish indicator, indicating potential price stability or a future recovery. Institutional and high-net-worth investors are taking advantage of the low prices to increase their holdings. There is speculation that this buying frenzy could signal a potential price recovery for Bitcoin.
Content Editor ( en.bitcoinsistemi.com )
- 2025-02-27
Bitcoin Whales Turned the Drop Into a Buying Opportunity! Thousands of Bitcoins Changed Hands! Here Are the Details
