Over the course of a month, the Bitcoin whale accumulated coins totaling $90 million.
Investors with deep pockets have been accumulating bitcoins (BTC) since the beginning of the year, as a result of which the price of the first cryptocurrency has reached a record high level. Users with wallet balances starting from 1000 BTC are often called crypto whales. In particular, since March 6, the Bitcoin whale “Mr.100” has accumulated 1308 BTC for almost $90 million. The address “bc1qag725vjxxpkkl5gshfkue9xn4p5vklrlhgkw5w” currently stores coins at The average dollar value is $68,617 per coin, according to Lookonchain data. It is noteworthy that the last purchase took place on April 7 with the withdrawal of 113.735 BTC to Binance for an amount of more than $7.85 million. This was the second largest Bitcoin whale transaction during the month of accumulation. The largest single purchase was 123.128 BTC, the cost of which exceeded $8 million in April.
BTC price analysis On the evening of April 7, the price of the main cryptocurrency rose to $70,000, which was lost on April 2, then there was a rollback to $69,000. In fact, now the highs and lows of the range are the key levels of resistance and support: $71,500 and $68,500, respectively. From the point of view of technical analysis, Bitcoin is demonstrating a short-term upward trend with the goal of reaching the level of $71,500. The relative strength index (RSI) on a 4-hour interval indicates t for a strong bullish impulse.
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