Highly capitalized investors have been accumulating Bitcoin (BTC) since the year started, driving the asset’s price to an all-time high. These investment activities are observable through Bitcoin wallet addresses holding large amounts of the coin, also known as whales.
In particular, a Bitcoin whale has stacked 1,308 BTC, worth nearly $90 million since March 6. The address ‘bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w’ currently holds this amount at a dollar-cost average of $68,617 per coin, according to Lookonchain’s post.
Notably, its last purchase was on April 7, for a 113.735 BTC Binance withdrawal, worth over $7.85 million. This was the Bitcoin whale’s second-largest transaction during this month of accumulation. The largest single purchase was 123.128 BTC, with a value superior to $8 million on April 3.
Bitcoin Whale transaction history. Source: Lookonchain
BTC price analysis
As of writing, the leading cryptocurrency is trading at $70,117, back inside a price
We współpracy z: https://finbold.com/bullish-signal-bitcoin-whale-accumulates-90-million-in-a-month/
