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Bitcoin Whales Accumulate Over $50 Million of $BTC in Three Days as Price Drops (Cryptoglobe)

Cryptocurrency whales appear to be accumulating Bitcoin ($BTC) after the price of the flagship cryptocurrency started dropping amid the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States. Bitcoin’s value has plunged nearly 20% since these funds started trading, with each BTC now changing hands for around $40,100 after recovering from a low […]

from RSS Cryptocurrency News feed https://www.cryptoglobe.com/latest/2024/01/bitcoin-whales-accumulate-over-50-million-of-btc-in-three-days-as-price-drops/

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