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Whales
Amid this market rally, Bitcoin wallet startups report an uptick in users and profits. Get the latest bite-sized news here.
Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally.
The number of investors with over 1,000 bitcoin has peaked to four-year highs amid the recent price rally.
Data on the flow of funds into exchanges suggests big investors were preparing to dump bitcoin on the market five days before Thursday’s price rout.
Retail Accumulation? Number of Bitcoin Addresses With One or More Coins Sees Solid Rise
Jan 22, 2020
A key on-chain metric has witnessed solid growth over the past 12 months, possibly indicating steady accumulation of bitcoins by retail traders.
