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Whales who own a lot of Bitcoin bought 71,155 more Bitcoin in the last six weeks. Is this a good sign for the value of Bitcoin.

Bitcoin keeps going up to $28,000 and big investors keep buying it.

Popular data provider, Santiment, said that medium and large-sized wallets for Bitcoin received 71,155 BTC, which is worth $1. 95 billion, in the past 6 weeks.

Santiment said that this amount of BTC is similar to the 90,000 BTC held by big whales in November 2021.

“Big and medium Bitcoin wallets have been collecting more Bitcoin lately. In just 6 weeks, they’ve gathered 71,155 BTC, which is worth $1. 95”

These addresses have almost 15. 29 million or 90 thousand BTC in assets, which is only 0. 59% less

Right now, people who know a lot about whales are saying that when they buy a lot of Bitcoin, it could mean that the price of Bitcoin will go up.

At the moment, Bitcoin is being bought and sold for $27,732.

Bitcoin’s medium to large wallets are accumulating more coins quickly. They have added 71,155 bitcoins ($1. 95 billion) in just the past 6 weeks. The total amount of Bitcoin in these addresses is close to 90,000 BTC, which is 0. 59% less than the 15. 29 million BTC held in November 2021. Here is a link to the article: https://t. co/FL5GaLOkJa and a picture of it: pic. twittercom/c8qK4nqwrc

Santiment tweeted on October 5, 2023.

*This is not a suggestion on how to invest your money.

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