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Mmastodon BusinessCrypto first seen 4 d ago, last 4 d ago, peak #3

Bitcoin whales bought 51,800 BTC in October, observers say

Original: 🐋 Wale akkumulieren weiter ungebremst! Allein zwischen dem 6. & 18. Oktober kauften Großinvestoren +51.800 $BTC nach. Se

Large Bitcoin holders, so-called whales, reportedly bought more than 51,800 BTC between 6 and 18 October, continuing to accumulate even with the price around 80,000 US dollars. Commentators on crypto social media say the big investors clearly do not consider current prices too expensive and are steadily building up their positions, a signal many retail traders read as bullish for the market.

Why now: Ongoing heavy accumulation by large investors at current prices is fueling speculation about where Bitcoin is heading next.

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