Bitcoin's Biggest Holders Increased Their Holdings by About 328,000 BTC in the Past Month
Data from Glassnode, an on-chain analytics firm, shows that large Bitcoin holders are still accumulating Bitcoin "like crazy," with: 1. Bitcoin Mega Whales (entities holding 1,000 BTC or more) increasing their holdings by a total of approximately 84,000 BTC in the approximately 30 days ending March 17th; 2. Giant Sharks (entities holding between 100 BTC and 1,000 BTC) increased their holdings by a total of approximately 244,000 BTC in the approximately 30+ days ending March 17th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant Analyst: Declining Risk Among Long-Term Crypto Holders Supports Continued Market Rally
The Bank of Italy calls for clear regulatory rules for multi-issuer stablecoins
A certain whale deposited approximately 685,000 USDC into Lighter and opened a 20x leveraged short position on ETH.
Analyst: Bank of Japan's Asset Sale Plan Signals Imminent Rate Hike in October
Trending news
MoreCrypto prices
More
