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Bitcoin Whales Buy Over $2,260,000,000 Worth of BTC During Latest Crypto Correction: Analytics Firm Santiment

Bitcoin Whales Buy Over $2,260,000,000 Worth of BTC During Latest Crypto Correction: Analytics Firm Santiment
Bitcoin (BTC) whales have been buying the dip, according to the crypto analytics firm Santiment.
The firm notes on Twitter that active Bitcoin whale addresses holding between 100 to 10,000 BTC accumulated about 40,000 BTC during last week’s price dip. With Bitcoin trading at $56,588.01 at time of writing, that amount of BTC is currently worth about $2.26 billion.

Source: Santimentfeed/Twitter
Santiment also says Bitcoin supply continues to move off of exchanges despite the recent bearish price action, which lowers the risk of a mass selloff.


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