Express

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

Last Update:

Tags: ,
Link: Whales Are Hoarding Bitcoin, Increasing By 9% In The Past 30 Days   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.