June 15, 2021

Santiment: Bitcoin Whales Buy Bottom

Santiment: Bitcoin Whales Buy Bottom

Santiment analysts believe that bitcoin whales have taken advantage of the fall in bitcoin in order to increase position.

The number of whale addresses (100-10,000 BTC) has been steadily growing for about two and a half weeks. It seems that whales are buying confidently on the dip.

Santiment: Bitcoin Whales Buy Bottom

Bitcoin supply on exchanges is declining again after the surge. Investors are again withdrawing bitcoins from exchanges and blocking them in cold wallets. This can be considered a very optimistic sign.

Santiment: Bitcoin Whales Buy Bottom

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