Bitcoin whales merged 140 thousand BTC for the last 3 weeks


According to the aggregator of cryptodata GlassNode, from February 5, whales sold 140 thousand bitcoins, earning about $ 6.72 billion.

Watching the balance of the balance of wallets with reserves of more than 1 thousand BTC, the company analysts noted the trend towards the accumulation of cryptocurrencies throughout January, for which they acquired 80 thousand BTC. However, since February 5, whales began to actively fix profits by selling 140 thousand bitcoins over the past 3 weeks.

At the same time, GlassNode notes that while large players merged their stocks to the market, investors with a balance from 100 to 1000 BTC, on the contrary, were more prone to purchase. During this period, they acquired 117 thousand coins by $ 5.61 billion.

Wallet owners from 10-100 VTS from November 2020 actively sold their stocks. For 3.5 months, they got rid of 128 thousand coins, earning $ 6.14 billion.

Analysts are inclined to the fact that the recent decline was initiated by one of the whales, which other large «fish» was supported on Monday. The collapse ceased after the head of the US Federal Reserve, Jerome Powell, announced a non-searched to stimulate the economy, which stimulated a decrease in the profitability of governmentobaliations. At about the same time, several companies also reported large acquisitions of bitcoins.

At the time of publication BTC trades $ 50923 with a daily increase of 6.58%. Investors attract an increase in the level of recognition of cryptocurrency, which contributes to the growth of capitalization.

To develop the channel, your support is important to us, subscribe to the channel and put like.