Bitcoin Whales Accumulate Coins at Highest Rate Since FTX Collapse
Large Bitcoin holders, identified as the "Fish-to-Shark" cohort, have significantly increased their holdings. According to data from Glassnode, these holders added 110,000 BTC over the past 30 days. This accumulation represents the most substantial increase since the collapse of FTX in 2022. The development suggests renewed confidence among major Bitcoin investors, potentially influencing market dynamics and overall sentiment.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.