Bitcoin whale count jumps to highest level since January 2021
data tracked by Glassnode and Bitwise Europe's research director and manager, André Dragosch, shows that the number of so-called whales or network entities holding at least 1,000 BTC jumped to 1,678 at the beginning of this week, reaching the highest level since January 2021.
Large holders continue to accumulate Bitcoin, and the strong growth of alternative tools (especially US-listed spot ETFs) indicates that people's confidence in the prospects of Bitcoin prices is constantly increasing.
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.
You may also like
Join Bitget x Just a chill guy Community Campaign Now to Win Your Share of $10,000 CHILLGUY!
Bitget announced that CHILLGUY/USDT is listing on Bitget! In order to show our warm welcome, we have set aside a reward pool of $10,000 for our special new joins during this period. Participate in the event and join Bitget now to receive your exclusive token airdrop. So, what are you waiting for? J
DIA Launches Lasernet Testnet, Pioneering Layer-2 Oracle Technology
XRPPERP now launched for USDC-M futures trading
Bitget has launched XRPPERP for futures trading with a maximum leverage of 75 on November 27, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. XRPUSDC-M perpetual futures: Parameters Details Listing time November 27, 2024 16:40 (UTC+8) Underlying
Bitcoin (BTC) Surges to New Heights Amidst Robust Capital Inflows
Bitcoin's price hits an all-time high of $93k, driven by $62.9 billion capital inflows, with ETFs playing a critical role in stabilizing the market.
Trending news
MoreCrypto prices
More
