Bitcoin Sees $3.6 Billion Inflows Amid Market Recovery
- Bitcoin’s price rose above $83,000 following a recent correction.
- The asset is down approximately 24% from its all-time high of over $109,000 in January.
- Accumulation addresses received 48,575 BTC on April 9, valued at $3.6 billion.
- This inflow is the largest since February 2022.
- Whale wallets have added over 100,000 BTC since March despite weak network activity.
On April 9, Bitcoin accumulation addresses received a significant inflow of 48,575 BTC worth $3.6 billion, marking the largest single-day increase since February 2022 and indicating renewed institutional interest amid market recovery.
Source (2.6)https://www.newsbtc.com/news/bitcoin/whales-are-loading-up-on-bitcoin-again-3-6b-in-btc-snapped-up-in-a-day/?rand=52377