A newly opened whale wallet took advantage of the recent declines and accumulated millions of dollars worth of Bitcoin (BTC).
The cryptocurrency market entered a period full of turbulence after the approval of spot Bitcoin ETF applications. Especially in the last 24 hours of Bitcoin 5% The decline in the market in general, along with the loss of value, activated a whale.
Reported by on-chain analysis platform Lookonchain to data according to who has been buying Bitcoin piecemeal for the last 2 days new whale wallet, cryptocurrency exchange with the latest decline Binance over 350 more Bitcoins he bought.
Whale in the last 2 days At a cost of $41,948 in total $29.36 million worth Buy 700 Bitcoins got it. Seeing the declines as a correction and clearly showing his belief that the upward momentum will continue, the whale gave hope to the cryptocurrency market with these purchases.
in the past hours to $40,654 Bitcoin, which decreased by 100%, experienced some recovery with the purchasing demand in the market. According to CoinGecko data, in the last 24 hours 3.8% Bitcoin losing value at the time of writing from $41,185 is being traded.
