
Bitcoin whales resume accumulation as net selling shrinks by 243K BTC
- —Whale net change improved from -282K BTC in July to -39K BTC
- —That is a roughly 243K BTC swing in under three months
- —Vanguard bought $7.5 million in Metaplanet shares
- —Searches for "Bitcoin is dead" hit their highest level since 2022
Why it matters: Easing whale selling and institutional buying could support BTC near $80K, though sentiment remains deeply negative.
Source: ZyCrypto