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Bitcoin Whale Alert: $3.5 Billion Accumulated, Price Climbs Back Above $27,000

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Bitcoin Whale Accumulation Amidst Price Volatility According to Santiment, a market intelligence platform, Bitcoin whales have been actively accumulating more Bitcoin amidst the price decline witnessed in recent months. Wallets holding between 1,000 and 10,000 BTC have collectively acquired a staggering $3.5 billion worth of the cryptocurrency since the first week of April. advertisement Whale accumulation typically indicates a positive outlook, as these investors tend to have a long-term perspective and may anticipate future price appreciation. Santiment also shared its latest insight highlighting the rise in BTC whale transactions and the contrasting responses to Blackrock and SEC lawsuits. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...