Whale Bets $58 Million on Bitcoin, Sparking Speculation of Market Recovery!

A Bitcoin whale, famous for dumping $467 million worth of BTC in July, has returned to the market with a notable move. The whale recently purchased 1,000 Bitcoins from Binance for nearly $58 million. This is the second notable move in the past four days, bringing the total number of Bitcoins purchased to 2,000 coins, at an average price of $58,525 per coin.

In 2024, the whale sold 7,790 Bitcoins at a price of nearly $60,000, resulting in a 14% drop in the value of Bitcoin. Currently, the whale holds 8,559 BTC, worth about $494 million.

With the recent buying, is this whale expecting a Bitcoin recovery?

@TinTucBitcoin #Write2Win #tintucbitcoin #tintucbitcoin.com #tintucbitcoinofficial