Whales Buy 60K Bitcoins Over Past 2 Months, Adding 1.7 Million BTC in Last 5 Years: Report

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Whales Buy 60K Bitcoins Over Past 2 Months, Adding 1.7 Million BTC in Last 5 Years: Report
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Whales add 60,000 Bitcoin in the past two months, buying a total of 1.7 million $BTC since 2017: santimentfeed

—widely known as whales in the crypto space—continue to accumulate the flagship cryptocurrency. This time, the company has shared a report about BTC whales who hold a minimum of 100 BTC in their wallets.

Per another source, these wallets with over 100 BTC in them hold a mind-blowing 3.9 million Bitcoins .Over the past two months, as Bitcoin has been sliding down from the $57,000 level pretty quickly and hit a low of $33,700 on Jan. 24, owners of BTC wallets with 100+ coins have continued to add the leading crypto to their holdings.

Since December, they have added approximately 60,000 Bitcoins to their holdings, which is the equivalent of a staggering $2,200,026,000 at the current exchange rate of $36,592. Overall, in the past five years since 2017, these whales, as per the Santiment report, have acquired a jaw-dropping 1.7 million BTC, including the mentioned 60,000 coins.

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