Data revealed that Bitcoin (BTC) whales accelerated their purchases.
Cryptocurrency analyst known as ali_charts on social media published an analysis of the buying and selling attitudes of Bitcoin whales. shared. While the analysis in question naturally shows that some whales sell Bitcoin and some buy it, the most important thing is “big whales” whereas competing for more purchases revealed.
Stating that the whales holding between 1,000 and 10,000 Bitcoins are clearly in a buying direction, the analyst said that most of them 29 thousand dollars He noted that he started buying around 200,000 dollars and accelerated his purchases when the price broke 49 thousand dollars.
This situation “a typical example of a bull marketWhile describing it as “large whales have not yet No attempt at sales He attributed it to his beliefs about the continuation of the rise.
Cryptocurrency market driven by volume whales increasing purchasing pressure While price increases inevitably occur in these processes, current data in favor of bullish investors It was interpreted as.
He made a similar statement recently CryptoQuant analyst Crypto Dan, institutional investors or whales, especially recentlya accelerated Bitcoin purchases He was among those who spoke.
