Bitcoin Whales Take Action: 48K BTC Bought in the Last 5 Days

Bitcoin (BTC) whales have bought 47,888 BTC in the last 5 days. This amount has become one of the largest recent purchases by whales.

On-chain data analytics platform Santiment was launched on 29 November via its official social media account. in his postin the portfolio 100 to 10,000 among Bitcoin whales in the last 5 days 790 million dollars worth 47,888 BTC He said he bought it.

According to the data, Bitcoin whales have been selling their assets for the past 13 months, while in the first 3 weeks of November, the bankruptcy of cryptocurrency exchange FTX increased sales. However, whales have stepped up their intake in the last 5 days. The data show the total supply in the first 3 weeks of November. 1.36% of total supply in the last 5 days 0.24% showed how much was purchased.

Analysts reported that despite the selling wave prevailing throughout November, the buying movements that have accelerated in the last 5 days may indicate that the whales have started to buy. On the other hand, a recent Glassnode report also revealed the aggressive increase in Bitcoin balances of small investors.


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