Whales Have a Finger in Bitcoin’s Rise: This Increase Was Peaking!

Latest data He revealed that the main factor triggering the increase in Bitcoin (BTC) price may be the significant increase in the number of whales holding 100 to 1,000 Bitcoin (BTC) in the last 8 weeks.

On-chain analytics platform centiment In a recent statement, he cited the remarkable increase in whale rate as the reason for the recent rise in Bitcoin.

Last according to data 8 weeks in 100 to 1,000 BTC number of whales over 3% Santiment, pointing out that there has been an increase, usually follows such increases. the price has risen expressed.

A whale increase like this before September – October 2021 and the price of Bitcoin at that time 42 thousand dollarsfrom the highest level is 69 thousand dollarshad risen to .

Looking at the data, the cryptocurrency exchange With the collapse of FTX Demand for Bitcoin has increased. Since then, whales have collected a significant amount of BTC and 100 to 1,000 BTC containing 416 Added new wallet. During this accumulation of whales, BTC is approximately 26% increase it showed.


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