Bitcoin Whale Wallets Hit a Record While Shorts Pile In. What Comes Next?

Share

Bitcoin wallets holding between 10 and 10,000 BTC have climbed to a record high of 20,338 units, according to Santiment. This count has risen sharply since mid-July, even as BTC’s price swung repeatedly during the same period. The on-chain analytics firm noted that this cohort of large holders has historically moved in close correlation with Bitcoin’s price.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items