For the so-called whales, the fact of buying Bitcoin below $100K is an opportunity that should not be wasted. Large global investors understand that being a whale can become a very profitable strategy.
The continuous purchases of BTC by whales is not the only symptom of a transfer of wealth towards smart money. This is compounded by the fact that the growth in the number of whales is the largest in the last four months. According to data from Santiment, the number of wallets holding between 1,000 and 10,000 $BTC continues to rise.
The firm's report highlights that there are many factors pushing towards the polarization of the cryptocurrency market. But in the case of the whales of $BTC , the matter seems to lead to a slight increase in confidence, given that these entities grew by 2.6%.
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