On-chain data has made it
explicit that #wallet #addresses of shark and whale have continued to stockpile
#Bitcoin at all times during the recent price rally.
It can be regurgitated that the
price of Bitcoin snowballed to N31,000 last week, hitting a new high for the
year 2023.
We had earlier published how
wallet addresses holding between 10 and 10,000 Bitcoins have accumulated 71,000
coins equating to $2.15 billion over the past three weeks, according to data
from #Santiment.
Santiment’s contemporary data has
revealed that Bitcoin’s sharks and whales are not showing any signs of slowing
down, even with price beginning to stagnate in this $30,000 to $31,000 range.
They have continued to mop up the
coin.
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