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The Economic Times
The Economic Times
National
Shreya Biswas

Bitcoin whales add 113,950 BTC USD worth $9.6 billion in 10 weeks - is this crypto rally being fueled by big buyers?

Bitcoin’s rise has been accompanied by heavy accumulation among some of its largest wallet groups, but the numbers do not necessarily tell the full story.

Wallets with holdings between 100 and 1,000 BTC have accumulated 113,950 BTC since July 15, as per analytics firm Santiment. With Bitcoin’s price at $84,388, the accumulation is valued at $9.6 billion.

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