Wednesday, August 4

Bitcoin Whales Holding Between 100 To 10,000 BTC Have Accumulated 90,000 More BTC In The Last 25 Days

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Report: Bitcoin Whales Holding Between 100 To 10,000 BTC Have Accumulated 90,000 More BTC In The Last 25 Days

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View Reddit by jakkkmotivatorView Source

5 Comments

  • coinfeeds-bot

    tldr; Santiment analyst team shared on Twitter that Bitcoin whales have increased their positions in BTC over the past 25 days and now hold half of the total supply of BTC. The number of wallets holding between 100-10,000 BTC has added a total of 90,000 bitcoins to their holdings. Overall, these addresses currently hold a seven-week high of 9.12 million – nearly half the total Bitcoin supply.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  • Tiny_Philosopher_784

    But crypto was dead… who’d have thought it was just FUD being spread to buy more on the cheap…

  • zitr0y

    That’s bad – but also good. If the whales with their top-tier analysts are optimistic about bitcoin, that might mean it will go up soon. Might be time to invest a bit more and get the losses from the last correction back

  • gheezer123

    If Bitcoin whales sold though wouldn’t that hurt the market share it holds and make way for alt-coins to grab more of the market? Like it truly doesn’t make sense to sell unless your cashing out completely.

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