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News Explorer — Bitcoin Bull Run Affirmed by BTC Whale Buying Trends

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May 24, 10:25 pm
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Bitcoin Bull Run Affirmed by BTC Whale Buying Trends

Blockchain data shows that Bitcoin whales, owners of addresses holding between 1,000 and 10,000 BTC, are once again showing a strong appetite for buying and accumulating more coins. Despite widespread fear, the whales are returning with a strong buying force, indicating that current prices are suitable for purchasing. The amount of money invested in Bitcoin by whales has more than doubled since the start of the year, reaching $122 billion.

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