Bitcoin and the crypto market have been of late seeing most prices of crypto in red, with little hope for an uptrend, at least based on charts. The past few weeks have seen growing fear and doubt about the asset class. However, despite the recent trend in the market, the primary crypto asset, Bitcoin, is recording an increase in whale transactions. The big shots have gathered more BTC in the past fortnight, valued at hundreds of millions of dollars. Related Reading: Bitcoin Plummets Below $17,000 After Audit Firm Mazars Pauses Work For Binance Bitcoin Gets Massive Whale Accumulation According to data from Santiment, a crypto analytics firm, whales have accumulated more Bitcoin tokens over the past nine days. It noted that the value of the crypto is worth over $726 million in the current market exchange rate. Santiment reported that Bitcoin’s addresses holding between 100 to 10,000 BTC tokens are still purchasing more. Furthermore, the firm mentioned that these addresses had witnessed rapid growth over the three weeks. The analytics company cited that about 159 new addresses have been ho ..
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