Bitcoin whales show biggest monthly buying spree since 2012
According to ChainCatcher news, on-chain data shows that Bitcoin whales have experienced the largest buying boom since 2012 in the past month. Over 268,000 BTC were purchased in the past month. Analyst James Van Straten said at X Platform that Bitcoin accounts holding 100 to 1,000 BTC have made some large net buying actions in the past month. Bitcoin whales’ net position changes have been highly positive of late.
Over the past 30 days, whales have purchased a net of approximately 268,441 Bitcoins, currently worth nearly $18.6 billion, the largest accumulation by these holders since 2012.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Key Overnight Developments on November 20
BlackRock registers iShares Ethereum Staking ETF in Delaware
Data: 5.8886 million ETHFI transferred out from Anchorage Digital Custody, worth approximately $5.2588 million
Nasdaq futures rose 1% on Thursday, driven by Nvidia and other AI-related stocks.
Trending news
MoreCrypto prices
More
