{"id":549839,"date":"2023-09-02T13:30:43","date_gmt":"2023-09-02T13:30:43","guid":{"rendered":"https:\/\/uniquehot.com\/?p=549839"},"modified":"2024-06-11T08:17:53","modified_gmt":"2024-06-11T08:17:53","slug":"whales-amass-1-5-b-of-btc","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/whales-amass-1-5-b-of-btc\/","title":{"rendered":"Bitcoin Whales Load Up With $1.5 Billion Worth Of BTC Amidst Price Uncertainty"},"content":{"rendered":"
Bitcoin whales, entities holding a substantial portion of the Bitcoin supply, have ignited speculation within the cryptocurrency realm by amassing more than a billion worth of BTC in mere two weeks.<\/span><\/p>\n Data from crypto analytics firm <\/span>IntoTheBlock<\/span><\/a> reveals a significant uptick in the accumulation of Bitcoin by addresses holding at least 0.1% of the total BTC supply, valued at over $500 million each. These entities collectively added a staggering $1.5 billion to their holdings during the final two weeks of August.\u00a0<\/span><\/p>\n This surge in accumulation coincides with the excitement surrounding the potential introduction of a spot Bitcoin ETF in the United States. This substantial accumulation of Bitcoin <\/span>by crypto whales<\/span> serves as a clear testament to their growing confidence and heightened interest in the cryptocurrency, irrespective of recent price oscillations and regulatory ambiguities.\u00a0<\/span><\/p>\n Addresses holding 0.1% of the Bitcoin supply or more have added over $1.5B in BTC holdings in the last two weeks. pic.twitter.com\/MrHKLXO9qx<\/a><\/p>\n\n