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Whales Are Hoarding Bitcoin, Increasing By 9% In The Past 30 Days

Mary Liu

Summary: The "whales" (holding 1,000-10,000 BTC) are still hoarding their Bitcoin, an increase of 9% in the past 30 days, according to a report from Cointelegraph. Meanwhile, addresses holding 10-100 BTC are selling, indicating that smaller “whales” are cashing out as the profits are too attractive, and the report states that the accumulation of giant whales exceeds ...

The "whales" (holding 1,000-10,000 BTC) are still hoarding their Bitcoin, an increase of 9% in the past 30 days, according to a report from Cointelegraph.

Meanwhile, addresses holding 10-100 BTC are selling, indicating that smaller “whales” are cashing out as the profits are too attractive, and the report states that the accumulation of giant whales exceeds the small-scale sales.

By Mary Liu

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