Altcoinist
Image default
Crypto News

Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

Illustration of the U.S. Capitol building emerging from turbulent ocean waves filled with legislative papers labeled Amendment 100, 46, 23, and 7.

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News

Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000, and has continued even as prices declined 17.25% to a current $66,256. Whales load up on Bitcoin despite market swings  Unlike previous months, …

Related posts

Bitcoin Protocol Boltz Halts Swaps Following AI-Assisted Cyber Attacks

Antonio M. Foster

Crypto Rally Alert: BTC Breaks 73K, ETH and XRP Join Amid War Tensions

Antonio M. Foster

Cardano’s Protocol v11 Is Live With First Governance-Led Hard Fork

Antonio M. Foster