Since April 2023,

Bitcoin Whale has never accumulated so much

Bitcoin in 30 days, shortly after the collapse of several local banks in the United States.

Earlier this month,Bitcoin Whale made full use of the decline in the crypto market, accumulating71,000 bitcoins with the

fastest accumulation speed since April 2023.

The chart of IntoTheBlock, a cryptocurrency analysis company, shows that most of these bitcoins

were purchased when the bitcoins fell to $54,200 on July 5. At the current price, these bitcoins are worth$4.3 billion.

CryptoQuant pointed out that Bitcoin Whale is now accumulating Bitcoin at the fastest speed (based on a30-day moving average) since April 2023, shortly after the collapse of several local banks in the United States.