Large Bitcoin Whale Addresses Record Growth During Recent Price Dip, Here Is What It Means

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Bitcoin whale addresses see uptick despite price dip, what does this mean? BTC Crypto

Presently, Bitcoin's large holder count has jumped to 89 as reported by Santiment. Expanding on this, Santiment states ''that these might be new addresses that hadn't previously held above this threshold. But very often it says, these whale addresses were previously holding in the 1k to 10k range, and accumulated an amount to exceed 10k or more."

Either way, a sign of accumulation in the price range over the last three months may be inferred from the data.Bitcoin continues to dabble in a range between $41K to $44K. At the time of publication, Bitcoin was trading at $41,687 down 2.21% in the last 24 hours, according to

 

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