7 Comments

  1. coinfeeds-bot on

    tldr; Deep-pocketed Bitcoin investors, or whales, have purchased over $5.76 billion worth of Bitcoin in the last six weeks amid a market correction, according to analytics firm Santiment. These whales, holding between 100-1,000 BTC, have added 94,700 more coins to their holdings. This accumulation occurs as price uncertainty has led many traders to exit the crypto market. Glassnode, another analytics firm, supports this view, noting a shift back to accumulation based on their Accumulation Trend Score (ATS).

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

  2. thomaiphone on

    You don’t know these whales and you won’t see it coming when they pull the rug from under you. If they’re as cutthroat as Buffet, y’all better watch out. They’ll prop it up long enough for them and they friends to get in and get out.

  3. slavikthedancer on

    Does that mean that “$5,760,000,000 in Bitcoin” were sold by Non-Whales “in Just Six Weeks”?

  4. Extreme_Nectarine_29 on

    BTC isn’t going anywhere because the will be always investors trying to profit from buying the dip.

    You can’t say the same about alts tho.

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