Santiment: Whales Are Accumulating Tether To Buy Crypto!

Blockchain analytics platform centimentleader cryptocurrency unit closely follows Bitcoin’s rise since the beginning of the year.

Analysts have commented on some on-chain data as the main reason for the rise after BTC approached the $25,000 threshold in the past few days.

Santiment experts say medium to large whales are worth $2.74 billion over the last 10 weeks Tether Note that he bought it. This has increased the crypto purchasing power of major players by 16%.

Money Goes From Altcoins to Bitcoin!

crypto experts of bitcoin He shared another data supporting his rise. According to Santiment, while investors were very interested in altcoins in the first month of the year, they switched to Bitcoin in February.

“We saw $25,000 within hours after Bitcoin surged to $22,900. According to the chart, while whales weighed in on altcoin purchases in January, the pointer has turned to Bitcoin these days.”

Small Whale Number Increases!

Santiment experts finally examined the Bitcoin whale numbers. Experts have detected a slight increase in the number of investors holding between 100-1,000 Bitcoins.

Experts did not observe a change in the number of medium and large whales holding Bitcoin between 1k-10k and 10k-100k.

Bitcoin (BTC) Price

Although Bitcoin exceeded the $25,000 limit yesterday evening, it could not stay above the $24,300 support.

BTC It is trying to stay above $24,300 again after pulling back to $23,500 overnight.

For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!


source site-5