As the Bitcoin price continues to drop, an anonymous whale bought 545 BTC, equivalent to $30.82 million. This latest purchase comes a few days after the whale also bought 862 BTCs, equivalent to $49 million.
On average, the acquisition cost for these transactions is $56,993 per Bitcoin. Over the past day, the coin has shown significant fluctuation, and its price has decreased by approximately 4%.
At the time of the whale’s purchase, Bitcoin was traded at $56,590, translating to a 4.18% decrease in 24 hours. Market sentiment has changed due to various factors, including macroeconomic indicators and internal market conditions.
This, in turn, gives the impression that whales are exploiting the recent drop to build up their positions, which may indicate a bull market. This comes a day after more offloads on Bitcoin.
A whale bought 545 $BTC($30.82M) again after the $BTC price dropped!
This whale has bought 862 $BTC($49M) from the bottom at an average price of $56,993 in t
We współpracy z: https://www.thecoinrepublic.com/2024/09/04/whales-accumulating-bitcoin-time-to-buy/
