Tag: Bitcoin Whales

  • Bitcoin Whales Scoop Up $11 Billion Amid Market Optimism

    Bitcoin Whales Scoop Up $11 Billion Amid Market Optimism

    —

    by

    Oscar

    According to blockchain analytics firm Glassnode, bitcoin whales—wallets holding over 10,000 BTC—have acquired 129,000 BTC worth $11.2 billion since 11 March. This marks the largest accumulation rate since August 2024, indicating rising confidence among major market participants. Bitcoin has rebounded from its lows under $78,000 to $87,500, with bullish sentiment fuelled by dovish Federal Reserve…