Bitcoin Whale Holdings At All-Time High, Is BTC Correction Behind Us?

Quick Summary:

After taking support at the $65,500 level, the BTC price has bounced back above $68,000 today as the Bitcoin whale holdings hit a new all-time.

Over the past two weeks, the whale wallet held more than 100 BTC have grown by the count of 297 wallets.

This development can usher in a fresh wave of optimism in the market, particularly among Bitcoin investors.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Bitcoin whales 24/7 Cryptocurrency News Bitcoin whale accumulation BTC correction Bitcoin (BTC) Price Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 04:55:50 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23234643

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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