Buy the Dip: Bitcoin Whales Accumulated Over $2.36 Billion in $BTC After Price Drop - Aliens: AI Crypto News & Markets Updates

NFT

LIVE NEWS

NEWS

ABOUT

ADVERTISE

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Buy the Dip: Bitcoin Whales Accumulated Over $2.36 Billion in $BTC After Price Drop

PublisherPublisher
CryptoGlobe

Fri, Nov 26, 2021

Banner

Aliens TLDR

Bitcoin whales, defined as addresses or clusters of addresses holding between 100 and 10,000 $BTC, have reportedly accumulated a whopping $2.36 billion worth of the flagship cryptocurrency after its price started dropping, data shows.

According to cryptocurrency analytics firm Santiment, bitcoin whales accumulated about 40,000 BTC when bitcoin’s price dropped to a $56,000 low last week.

According to Santiment, whales took advantage of a price drip driven by bearish sentiment to keep on accumulating more BTC.

Now, the firm wrote, “things look far more neutral.” As CryptoGlobe reported, bitcoin’s third-largest whale address has added a total of 6,665 BTC to its stash over the last 11 days when the price of the flagship cryptocurrency started dropping.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Shiba Inu: Only 59% of Initial Supply of $SHIB Is Still in Circulation

Over 41% of the total supply of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has been burned so far as the SHIB community keeps coming up with new initiatives to burn SHIB and decrease its circulating supply.
CryptoGlobe
·

3h

altcoin

Recommended Stories

Article

Polkadot founder Gavin Wood thought about calling ‘Web3’–‘Post-Snowden Web’

Article

Can stablecoin US dollars cause ‘every currency other than top dozen to collapse’

Article

Traders say ATOM could eventually do an AVAX-like surge to $100

Article

Why Bitcoin Still Has A Long And Prosperous Road Ahead

Article

Celcius CEO not worried about Bitcoin, Ethereum being deemed securities

Article

FTX Proposes Changes to U.S. Crypto Regulations

Article

Whale Buys 28 Billion SHIB for $1.2 Million as Price Stalls

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Advertise