Bitcoin whales continue to gain ground despite Bitcoin's correction.
According to informationSantiment, Bitcoin accounts with amounts from 100 to 1000 BTC have been increasing their purchase volume since the end of June.
In the last 24 hours alone, whales have replenished their wallets with 20,000 BTC (about $1 billion). This trend indicates that they expect the price of BTC to continue to rise.
Well-known trader and analyst Michael van de Poppe hides his optimistic hopes for the next rally, despite price rebounds.
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Santiment: Bitcoin whales have bought a record number of BTC
Bitcoin whales have increased their assets during the depreciation of BTC
Bitcoin whales have increased their holdings by 90,000 BTC in the last 25 days
Whales are buying up bitcoin ensuring the price of BTC rises
The trader said when to wait for the correction of the price of bitcoin to the level of $ 6000
Since the beginning of autumn, whales have purchased another 500,000 BTC