
Bitcoin whales on accumulation spree While macroeconomic concerns and technical indicators may cast doubt on Bitcoin’s (BTC) short-term price trend, purchasing activity by some of Bitcoin’s large investors, referred to as whales, suggests a more optimistic outlook.
Since March 11, Bitcoin whales have purchased nearly 129,000 BTC, worth $11.2 billion at the market price of $87,500, according to statistics shared by blockchain analytics startup Glassnode.
Source: https://u.today/peter-schiff-reacts-to-bitcoins-drop-as-gold-sets-fresh-record-high