Bitcoin whales Accumulate Over $930 Million in $BTC As Supply on Exchanges Drops to 4-Year Low

by Repost Admin October 6, 2022, 9:43 pm 1.6k Views

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Bitcoin whales Accumulate Over $930 Million in $BTC As Supply on Exchanges Drops to 4-Year Low thumbnail

Bitcoin ($BTC) whales have been on a massive accumulation frenzy over the last few days, adding up as much as 46,173 BTC to their wallets since September 27 in a move that “has been a rarity in 2022.”

According to on-chain analytics firm Santiment, BTC whales have been selling their holdings in leading stablecoin USDT to accumulate more BTC, to the point that addresses holding between