News Formal

Whales drive Bitcoin market: $267M BTC on the move

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Despite significant volatility, Bitcoin [BTC] whales appear to be capitalizing on the current sentiment by heavily accumulating coins.

CryptoQuant CEO Ki Young Ju also noted that whales are accumulating Bitcoin and we’re in the middle of the bull cycle.

also shared data supporting the same perspective on Bitcoin whales. In a post on X, Ki Young noted that whales are accumulating Bitcoin. Despite the significant accumulation and the bullish outlook of whales, Bitcoin remains steady and has been consolidating between $58,000 and $60,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin whales gather $157.3 mln BTC in market dip: Bullish signs?BTC trading volume soars by 37.72% as prices hike by 1.48% in 24 hours. 3 whales accumulate 2814 BTC worth $157.3 million
Source: CryptoAmb - 🏆 22. / 68 Read more »