Monday, July 22, 2024

3rd-biggest Bitcoin whale address adds 207 BTC at $62k

The whales are acting just like in the bull market in 2017, research suggests.

The Bitcoin-whales are back in the game, as statistics are showing classic bull market behavior. The on-chain monitoring resources shows that the third-largest bitcoin address has added 207 BTC on its address. This address now has a balance of 108,528.56 BTC.

Even though BTC is falling over the past 24 hours, Bitcoin still seems like a solid buy for the whales. This behavior from whales is not strange during bull runs, if you look at previous cycle peaks.

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