Fast Take
- Bitcoin is presently down 5% previously 5 days, which has sparked huge volatility and a sell-off from short-term holders.
- Nevertheless, Bitcoin whales proceed accumulating Bitcoin whilst the costs proceed to lower.
- The blue denotes accumulation, which may be seen with whales that maintain 10,000 Bitcoin or extra. On the identical time, all different cohorts are promoting or in a distribution part.
- Moreover, provide per whale has elevated to 535 Bitcoin — demonstrating the rise in whale accumulation—the best provide per whale for the reason that FTX crash in This autumn 2022.
The put up Defying the sell-off: Bitcoin whales accumulate amid huge market volatility appeared first on CryptoSlate.
