đ Bitcoin Whales on the Rise! đ
Exciting news for Bitcoin enthusiasts! The number of Bitcoin wallets holding 100 BTC or more has soared to a 17-month high. According to blockchain analytics platform Santiment, over 283 new whale wallets emerged in the past month alone, pushing the total to 16,120.
đ Retail Traders Impatiently Selling
Santiment attributes this surge to small traders "impatiently" selling their holdings amid recent price dips. As retail traders face disappointment, Bitcoin whales are seizing the opportunity to accumulate more BTC.
đŠ Sharks Join the Party
Not just whales, but sharks (wallets with at least 10 BTC) are also stacking up. Collectively, whales and sharks have scooped up 133,000 BTC worth approximately $7.6 billion over the last 30 days.
đ Historical Patterns
Vivek Sen, founder of Bigrow Lab, notes a historical pattern: increased whale activity often precedes a BTC price peak. While the price hasn't surged yet, history suggests it might soon!
Stay tuned, Bitcoiners! đ
