$Mega Whales Just Splurged a Jaw- Dropping $5 Billion on Bitcoin - Find Out the Shocking Details!
Accumulation Trends. Find Out Why Key Stakeholders are Flocking to Bitcoin Amidst $50,000 Surge!
Main points:
- Record-breaking transactions above $100,000 in the last five days.
- Santiment's on-chain analytics uncovers intriguing trends among Bitcoin whales.
- Significant surge in whale activity, hitting a 20-month high.
- +$5.06 billion estimated Bitcoin accumulation by large wallets (100-10,000
$BTC) in 2024.
- Massive interest spike following Bitcoin's $50,000 breakthrough.
- Distinct shift in BTC supply ownership by different-sized wallets.
- In 2024 alone, large whales (1,000-10,000 BTC) add $12.95 billion worth of BTC, while smaller wallets (100-1,000 BTC) decrease stash by $7.89 billion.
Bitcoin holders with 100-10,000 BTC collectively accumulate $5.06 billion this year.
- Bitcoin hits a two-year high, surpassing $1 trillion market capitalization.
- U.S. spot Bitcoin ETFs play a crucial role in boosting investor confidence.
In other words, Bitcoin holders with 100- 10,000 BTC have collectively added $5.06 billion worth of BTC to their portfolios this year.
This surge in whale activity coincides with Bitcoin's climb to a more than two-year high, reclaiming a market capitalization above $1 trillion. With the increasing popularity of U.S. spot Bitcoin ETFs, investor confidence is soaring, propelling Bitcoin to recent highs of $52,884, marking a significant milestone since December 2021."
$BTC $ETH $BNB
