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Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

5 days ago 3832
Illustration of the U.S. Capitol building emerging from turbulent ocean waves filled with legislative papers labeled Amendment 100, 46, 23, and 7.

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News

Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were aroundΒ  $80,000, and has continued even as prices declined 17.25% to a current $66,256. Whales load up on Bitcoin despite market swingsΒ  Unlike previous months, …

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