Since the beginning of autumn, whales have purchased another 500,000 BTC

Bitcoin whales are actively increasing their reserves in BTC, having bought half a million coins in the fall alone.

Analysts from the Chainalysis team are confident thatbitcoin whales triggered a bullish trend in the market this fall. According to the company, since September, major players have poured $ 11.5 billion into the industry by acquiring almost 500,000 BTC. Such a financial flow provoked an asset growth of 225% over the year.

For statistics, the Chainalysis team tracked the movement of large investors with a BTC balance of at least $ 20 million, actively buying up the first cryptocurrency.

Their conclusions are confirmed by the WhaleMap team, which believes that the Whales are pushing the asset to $ 30,000.

Increased interest is also noted in bitcoin futures. The Chicago Exchange (CME) this week saw a record demand of $ 1.4 billion.

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