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Market Cap
24h Vol
12837
Cryptocurrencies
60.66%
Bitcoin Share
BitcoinSistemi 2025-02-27 12:57:09

Bitcoin Whales Turned the Drop Into a Buying Opportunity! Thousands of Bitcoins Changed Hands! Here Are the Details

Bitcoin Whales Turned the Drop Into a Buying Opportunity! Thousands of Bitcoins Changed Hands! Here Are the Details

As Bitcoin’s price continues to hover below $90,000, large-scale investors, commonly referred to as whales, are seizing the opportunity to accumulate more of the leading cryptocurrency. Bitcoin Whales Add $1.28 Billion Worth of BTC by Buying on the Dip According to on-chain data, wallets holding at least 0.1% of Bitcoin’s circulating supply collectively added around 15,000 BTC, worth around $1.28 billion at current prices. Whale Accumulation Amid Market Volatility This increase in whale accumulation suggests that large holders are confident in Bitcoin’s long-term potential despite recent market volatility. Historically, large inflows into whale wallets have been viewed as a bullish indicator, signaling potential price stability or a future recovery. While Bitcoin has recently experienced a sharp correction, falling to a three-month low, institutional and high-net-worth investors appear to be taking advantage of the low prices to increase their holdings. With increasing adoption and ongoing whale interest, all eyes are on whether this latest buying frenzy could signal an impending price recovery for Bitcoin. *This is not investment advice. Continue Reading: Bitcoin Whales Turned the Drop Into a Buying Opportunity! Thousands of Bitcoins Changed Hands! Here Are the Details

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Cryptohopper
Market Cap
24h Vol
60.66%
Bitcoin Share
661
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