Analysis: Bitcoin "sharks" have started buying the dip, accumulating over 65,000 BTC in the past 7 days
ChainCatcher reported that the on-chain analytics platform CryptoQuant has released recent research showing that Bitcoin "sharks" are buying the dip. The community typically refers to Bitcoin wallets holding between 100 BTC and 1,000 BTC as "sharks." Data shows that in the past week, shark addresses have increased by more than 65,000 BTC, bringing their total holdings to a record 3.65 million Bitcoin.
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
WisdomTree launches its first tokenized fund, offering investors exposure to private credit investments
Locate Technologies to Become the First Bitcoin Treasury Company Listed on the New Zealand Stock Exchange
Mega Matrix announces $3 million purchase of ENA tokens
Data: USDC Treasury burns over 60.87 million USDC on Ethereum chain
Trending news
MoreCrypto prices
More
