The Bitcoin (BTC) price attempted a breakout above $70,000 after the lower-than-expected CPI numbers and signs of cooling inflation. However, the bulls haven’t been able to sustain the move as BTC collapsed back to $67,400 levels as of press time. But the good thing is that the Bitcoin whales have been accumulating in good quantity at every dip over the past week.
Bitcoin Whales on Strong Accumulation
As per the recent data from CryptoQuant, over 20,000 Bitcoins have recently flowed into the whale wallets during the recent market correction earlier this week. This shows that large investors have been capitalizing on every dip in the market while increasing their holdings simultaneously.
Courtesy: CryptoQuant
Thus, taking advantage of these market fluctuations, Bitcoin whales have seized the opportunity of BTC price corrections to boost their reserves. As CoinGape reported, the Bitcoin miners, on the other hand, have been liquidating their holdings to compensate for the drop in their
We współpracy z: https://coingape.com/bitcoin-whales-buy-the-dips-with-btc-exchange-supply-at-3-year-low/
