Large Bitcoin Holders Increase Investments Amid Price Dip
- Bitcoin investors holding between 10 to 10,000 BTC have added a net total of 79,244 BTC to their holdings in the past week.
- The value of this addition is approximately $8.3 billion at current exchange rates.
- This group includes significant holders such as “sharks” and “whales.”
- Whales, defined as those holding between 1,000 to 10,000 BTC, have added around 30,000 BTC recently.
- Bitcoin’s price has decreased by over 2% in the last seven days, currently around $105,200.
Despite a recent price dip, large Bitcoin holders have significantly increased their investments by adding over $8 billion worth of BTC to their portfolios. This trend includes whales who have acquired approximately 30,000 BTC.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoins-key-double-down-buy-another-79000-btc/?rand=52377