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​Bitcoin Whales Are Growing, As Well As Their Holdings, Says Report

Mary Liu

Summary: Since the plunge in mid-March 2020, the price of Bitcoin has soared about 10 times. However, a report released by the crypto exchange Kraken shows that the increasing price has not deterred large investors, Bitcoin whales continue to buy and accumulate, the number of Bitcoin whales and their holdings are increasing. The report concludes that ...

Since the plunge in mid-March 2020, the price of Bitcoin has soared about 10 times. However, a report released by the crypto exchange Kraken shows that the increasing price has not deterred large investors, Bitcoin whales continue to buy and accumulate, the number of Bitcoin whales and their holdings are increasing. The report concludes that the total number of whales holding more than 100 BTC has exceeded 16,300, reaching the highest level since March 16, 2020.

By Mary Liu

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