Experts from the analytical company Santiment said that over the past 2 months, large holders (whales) of the Bitcoin cryptocurrency have added more than 60 thousand BTC ($2.2 billion) to their portfolios. Over the past 5 years, their wallets have replenished by 1.7 million BTC ($62.55 billion).
According to experts from the network data provider, large bitcoin holders are serious about the future growth of the first cryptocurrency. Otherwise, they would not constantly replenish their stocks. The statistics were for all whales that own more than 100 bitcoins ($3.67 million). According to them, such wallets store about 3.9 million BTC ($143.49 billion) in total, or 21% of all coins in circulation.
The specialists emphasized that, despite the fall in the digital gold rate from $57,000 to $33,000 over the past 60 days, this did not stop large coin holders from buying up the virtual asset. The whales purchased most of the BTC in the range below $40,000.
According to another resource BitInforCharts, a total of 13,808 addresses have been recorded that store more than 100 BTC in their account. Wallets contain about 3.95 million coins, which is 20.89% of all bitcoins on the market.
Santiment experts also stated that Bitcoin has lost the level of its social dominance. More and more users are paying attention to altcoins. The number of buyers of alternative cryptocurrencies has doubled in 2021.
As of 14:40 GMT on January 28, 2022, Bitcoin is trading at $36,643. This is 0.28% more expensive than a day ago. The total supply of coins on the market is $693.47 billion, while trading volumes have decreased by 23.13% over the past 24 hours, reaching $24.92 billion.
Earlier, the Crypto.ru editors reported that market analysts expect a further fall in the value of digital gold, after the words of representatives of the Federal Reserve System (FRS) about methods to combat inflation.
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