Whales Acting on Bitcoin Bought 71,155 BTC in the Last Six Weeks! Bullish Signal?

Bitcoin Whales continue to push the $28,000 level BTC continues its purchases.

At this point popular on-chain data provider centimetersaid that Bitcoin’s mid- and large-sized wallets received 71,155 BTC worth $1.95 billion in the last 6 weeks.

Santiment added that this number of BTC is close to the 90,000 BTC held by medium and large-sized whales in November 2021.

“Bitcoin’s mid- and large-sized wallets have accelerated their BTC accumulation, adding 71,155 BTC (worth $1.95 billion) in the last 6 weeks alone.

The total assets of these addresses are only 0.59% away from 15.29 million, or 90 thousand BTC, held in November 2021.”

At this point whales BTC Commenting on the purchase, experts think that this accumulation may be a rising signal for the Bitcoin price.

Bitcoin At the time of writing, it is trading at $27,732.

*This is not investment advice.

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