Yuri Molkhan
Whales accumulated bitcoin heavily on the dip
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Analytics agency Glassnode has reported that the number of BTC addresses containing 10,000 bitcoins has risen to 100.
At press time, 10,000 BTC is worth $213,313,000 based on Bitcoin’s current exchange rate against the USD.
📈 #Bitcoin $BTC The number of addresses with more than 10,000 coins just surpassed 100.
Current value: 100
View metric: https://t.co/iHq1NPfawI pic.twitter.com/elQPVeT2jS
— Glassnode Alerts (@glassnodealerts) June 25, 2022
As U.Today reported earlier this week, bitcoin miners have been selling their BTC heavily lately in a bid to break even and pay off their loans and other expenses.
To sue
At the same time, whales have been actively buying bitcoin as the number of wallets holding 10-10,000 bitcoins surged in the last two weeks. For addresses containing 10,000 BTC and above, their volume has increased since February this year.
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