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Bitcoin 'whales' return, spurred on by the price drop

Los grandes tenedores aprovechan el descenso de la criptomoneda hasta niveles de 2024 para reactivar con fuerza las compras y acumulan 43.000 bitcoins en 60 días. Leer

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Bitcoin 'whales' return, spurred on by the price drop

Large investors, known as "whales," have bought 43,000 bitcoins worth $2.75 billion in the last 60 days, according to CryptoQuant. This surge in purchases comes after a three-month period of sell-offs and coincides with the cryptocurrency's price dropping to levels last seen in October 2024. The whales' renewed interest in bitcoin has driven its price up 10% from its recent lows.

Meanwhile, smaller investors, or "dolphins," have also increased their purchases, and major investor MicroStrategy has paused its bitcoin sales after two weeks.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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