🔥Bitcoin falls below 100k and some take the opportunity to buy 👀
Companies #BlackRock and Marathon Digital Holding bought a combined total of 9,173 BTC, while an unknown whale purchased 600 BTC when the asset's price dropped to $90,500 on Thursday, December 5.
Blackrock bought around 7,750 BTC, as its exchange-traded fund (IBIT) has a streak of positive inflow, indicating strong demand. On the other hand, the crypto miner Mara bought 1,423 BTC through 4 transactions on December 5 and 6, according to on-chain data.
Meanwhile, an unknown whale also took advantage of the price drop of #Bitcoin! on December 5, to buy 600 #BTC☀ valued at nearly $58.9 million.
Is it a good time to accumulate?
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