Bitcoin's Elite Resume Their Buying Patterns
🐳🦈 Bitcoin's whale shark wallets have gone through several key turning points these past 6 months, as the chart below reveals. In short, their mild dumping from mid-February to early March contributed to crypto's latest dump. But since March 3, wallets with 10+ $BTC have accumulated nearly 5,000 Bitcoin back into their collective wallets.
Prices have not reacted to their buying just yet, but don't be surprised if the 2nd half of March turns out much better than the bloodbath we've seen since Bitcoin's ATH 7 weeks ago... assuming these large key stakeholders continue their coin collecting. 👍
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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