Third-Largest Bitcoin Whales Switches to Accumulation Mode! Is This the Right Time to Stack BTC? - BitcoinEthereumNews.com
In the weekly time frame, the BTC price appears to be well-positioned to fly high beyond the $60,000 levels soon. The Bollinger bands in the weekly time frame have squeezed for the second consecutive time. The previous time the bands experienced a squeeze, the price broke out towards the north and surged high by nearly 40% to record new highs. And hence a similar trend is expected to mirror in the upcoming days. BTC Whale Accumulating Hard The third-biggest Bitcoin whale nowadays has बंद कर on to accumulation mode with heavy BTC purchases in the past seven days. As the Bitcoin price slipped below $40,000, the whale began accumulating the assets and acquired nearly 2,822 BTC. The whale is said to be the largest non-exchange entity that accumulated BTC worth $117 million in the past week. के आंकड़ों के अनुसार CoinCarp, the worth of the BTC wallet has surged beyond $5 billion with the recent acquisition. While many still believe it may be an exchange, the crypto tracking tool suggests it may be a real Bitcoin whale. If in case the address turns out to be an exchange, then it may be a nightmare for the BTC price as a huge exchange inflow