As the Bitcoin price continues to less than $ 90,000, investors are widely seized, usually referred to as whales, the opportunity to collect more leading cryptocurrencies.
Bitcoin whales add $ 1.28 billion from BTC by purchasing on DIP
According to the data on the series, a governor has been added to at least 0.1 % of Bitcoin supplies collectively about 15,000 BTC, at a value of about $ 1.28 billion at current prices.
The accumulation of whales amid the fluctuation of the market
This increase in the accumulation of whales indicates that adult holders are confident of Bitcoin capabilities in the long run despite the recent fluctuations of the market.
Historically, significant flows have been seen in the whale governor as an upper indicator, indicating a possible stability of prices or recovery in the future.
While Bitcoin has recently seen a sharp correction, as it seems that institutional investors, founders and high value in high networks benefit from low prices to increase their property.
With the increased adoption and continuous benefits of the whale, all eyes are on whether this last purchasing frenzy can indicate an imminent price for bitcoin.
*This is not an investment advice.