Bitcoin ($BTC) 'Giga-Whale' Holdings Hit New High After Rising 16% in a Month - Aliens: AI Crypto News & Markets Updates
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Bitcoin ($BTC) 'Giga-Whale' Holdings Hit New High After Rising 16% in a Month

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CryptoGlobe

Fri, Jun 24, 2022

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The largest Bitcoin ($BTC) holders on the blockchain have added 16% more coins to their holdings over the last 30 days, and now have over 776,000 BTC worth over $16 billion at the time of writing in their wallets.

According to blockchain analytics firm IntoTheBlock, “giga-whales,” defined as entities that hold over 100,000 BTC in their wallets, have been increasing their BTC holdings to a new record.

According to IntoTheBlock, which uses a metric called Large Holders Inflow to track the funds going into addresses belonging to BTC whales, the largest inflow since February of this year were spotted this month, with 116,000 bitcoins worth $2.5 billion moving in a single day.

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