Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment
New data from Santiment reveals a fascinating trend in Bitcoin accumulation for 2024. While wallets holding between 100 and 1,000 BTC have been selling, those holding 1,000 to 10,000 BTC are on a buying spree, adding a whopping $12.95 billion worth of Bitcoin this year alone!
This surge in accumulation by larger wallets is significantly outpacing the selling by smaller whale cohorts. With the recent spike in transactions exceeding $100,000, it's evident that key stakeholders are showing increased interest as Bitcoin breaks above $50,000.
This data suggests a bullish sentiment among high-tier investors, reflecting confidence in Bitcoin's long-term potential. At $52,415 per BTC, the market is witnessing a 1.50% increase in the last 24 hours, highlighting continued growth and investor optimism.
Are you ready to ride the Bitcoin wave? š
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