Bitcoin Whales Add 60,000 BTC as Holdings Approach 3 Million
- —Whale balances rose from 2.94 million to nearly 3 million BTC
- —The increase totaled about 60,000 BTC, or just over 2%
- —The 30-day average of whale balances turned higher
- —Holdings have eased slightly after briefly touching 3 million BTC
Why it matters: If whales keep the newly accumulated coins, fewer BTC will be available to absorb selling, supporting prices during pullbacks.
Source: Cryptonews.net