Bitcoin News: Whale Bags $388M BTC Ahead US Fed Rate Decision

Quick Summary:

Bitcoin News: Despite BTC’s recent slip to the $66,000 price level, a whale has generated noteworthy investor optimism today, heavily bagging Bitcoin.

On-chain data spotlighted that the whale accumulated an additional 1,300 BTC, pushing its Bitcoin holdings to a whopping 5,800 coins.

This massive accumulation underscores the large-scale investor’s immense confidence in the asset’s future potential.

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Article Details

Category: Crypto

Markets: India

Topics: Bitcoin News BTC Whales Bitcoin (BTC) Price FOMC Meeting 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 11:23:13 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21871420

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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