Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

New data from Santiment reveals a fascinating trend in Bitcoin accumulation for 2024. While wallets holding between 100 and 1,000 BTC have been selling, those holding 1,000 to 10,000 BTC are on a buying spree, adding a whopping $12.95 billion worth of Bitcoin this year alone!

This surge in accumulation by larger wallets is significantly outpacing the selling by smaller whale cohorts. With the recent spike in transactions exceeding $100,000, it's evident that key stakeholders are showing increased interest as Bitcoin breaks above $50,000.

This data suggests a bullish sentiment among high-tier investors, reflecting confidence in Bitcoin's long-term potential. At $52,415 per BTC, the market is witnessing a 1.50% increase in the last 24 hours, highlighting continued growth and investor optimism.

Are you ready to ride the Bitcoin wave? 🌊

#Bitcoin #CryptoNews #InvestingTrends #Write2Earn #BTCETFSPOT