Bitcoin Whale Wallets With 1000+ BTC Or More Spike To Highest Levels In History
Bitcoin price is only a mere few hundred dollars away from setting a higher high and confirming a new bull market. Whale wallets over 1000 BTC grow to historic levels | Source: Glassnode, via Arcane Research For example, non-zero BTC wallets and active wallets have recently reached new highs, and now, even whale-sized wallets holding 1000 BTC or more have spiked to the highest levels ever.
These whales hold enough Bitcoin, that if the cryptocurrency ever reaches prices of $1 million per BTC as predictions reach, they'd have $100 million USD worth of the cryptocurrency. Bitcoin closes in on setting a higher high for the first time since 2017 | Source: BTCUSD on TradingView.com Another theory for the increase in 1000+ BTC wallets could be more corporations following suit suddenly, and buying BTC on OTC markets to hedge against inflation and the dying buying power of the dollar.
BTC |
$ 70833.12
|