🚨 Whale Activity: $BTC Accumulation Continues!
Recent Whale Withdrawals from Binance:
In the past 5 hours, 5 fresh wallets have withdrawn 886 $BTC ($86.4M) from Binance.
Addresses:
bc1qqjyqej2llypzvz7nx8fd4pd2vsyfcxjug8z45g
bc1qlwa9n5qgjaa8rutm8pd64nv7xms2c37p2h0ver
bc1qvjvcpehcrdneqeqhmqzdrday88cx0h2munprec
bc1qkk8ajh33sha5kncm2v9ed38288khgf7x7r0p9j
bc1qxqupd8r7zv4xjrdfgcs6sjyhhuhym2zuj7f6lq
MicroStrategy’s Latest BTC Buy:
55,500 $BTC ($5.4B) purchased at an average price of $97,862 last week.
Total Holdings: 386,700 $BTC ($37.77B)
Average Purchase Price: $56,761
Unrealized Profit: Around $15.8B
Implications:
Whale Activity: The continuous withdrawal of $BTC by whales suggests ongoing bullish sentiment and accumulation in anticipation of future price rises.
MicroStrategy’s Strategy: With $37.77B in BTC holdings, MicroStrategy continues to demonstrate long-term confidence in Bitcoin's price trajectory, realizing substantial unrealized gains.
The market seems to be underpinned by whale buying power—be prepared for more volatility!