đđBitcoin Whales Accumulate BTC đđ
The activity in the cryptocurrency market in the last three months has created concern among investors. While many people made losses in altcoins, some of them withdrew from the market by selling at a loss. On the other hand, whale activities continue to be observed in the cryptocurrency world and important comments have been made on this subject.
Famous analyst CryptoRand examined the movements of major Bitcoin holders in detail. The analysis shared on social media platform X focused on data provided by Santiment. As of July 1, 2024, the number of wallets containing 10 or more BTC reached 16.17 million BTC, an increase of 1.07% in the last six months. This reveals a steady increase in whales' Bitcoin accumulation.
According to CryptoRand's analysis, it was also stated that there was a decrease in USDT and USDC assets in major wallets. USDT assets decreased by 5.37% and USDC assets decreased by 1.99%. It is possible that this decline can be attributed to large holders redirecting their stablecoin assets to Bitcoin.
The Centiment chart contributed to the analysis by reflecting BTC price movements and fluctuations in the market. CryptoRand's assessment highlighted the efforts whales are making to strengthen their BTC positions and optimism about Bitcoin's future trajectory, revealing a strong belief in the cryptocurrency's long-term potential among large Bitcoin holders.
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