Bitcoin whale continues to buy: 2600 BTC

Bitcoin's rise above $70,000 again has also increased whale movements. A whale that bought 2000 BTC in the last 2 weeks bought 600 more BTC tonight. The total purchase value has reached $200 million.

Bitcoin spot ETFs receiving more than $1 billion in investments in the last 2 days and Bitcoin exceeding $73,000 after months were also reflected in whale movements. All purchases made by a large Bitcoin whale in 2 weeks reached 2600 BTC.

According to the information provided by the on-chain platform Lookonchain, this whale bought a total of 2000 BTC (approximately $145 million) in the last 2 weeks. The same whale bought 600 BTC ($44 million) more tonight. The total purchases in 2 weeks have also reached $200 million.

Will the rise continue?

Some of the whales are seen to be making profit sales.

According to the information provided by Lookonchain, another whale sold 135 WBTC worth $10 million after the price rose to $73,000. This whale, who bought Bitcoin and Ether with the loans it received through AAVE, made a profit of $5.5 million in 3 months.

In particular, signs that Donald Trump is ahead of Kamala Harris in the US elections have caused Bitcoin to increase significantly in recent days.

If Trump wins the US elections to be held on November 5, experts expect the rise in Bitcoin to become even steeper.

Trump's presidential march is again shown as the main reason for the rise in ETFs.

Bitcoin had exceeded $73,500 tonight.

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