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Whales Accumulating Bitcoin: Time to Buy? The Coin Republic 04 sept. 2024

Whales Accumulating Bitcoin: Time to Buy? 🐋

Bitcoin

An anonymous whale has been actively accumulating Bitcoin despite the current drop in its price. In the latest move, the whale bought 545 BTC, totaling $30.82 million.

Just a few days earlier, the same whale purchased 862 BTC, amounting to $49 million. On average, the acquisition cost for these transactions stands at $56,993 per Bitcoin.

The significant purchases have stirred discussions on whether it signifies a good time to buy Bitcoin.

Source : www.thecoinrepublic.com ↗

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