BTC Whales Buy $2 Billion
This is a news story, published by CoinGape, that relates primarily to USDT news.
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heavy Bitcoin whale accumulationCoinGape
•Bitcoin price is showing a healthy bounce back gaining ground to $100K levels. Bitcoin whale accumulation and on-chain indicators suggest we haven’t reached the top yet
62% Informative
Bitcoin price bounced back once again from $ 96,000 support levels in the last 24 hours .
BTC whales have acquired 20,000 BTC worth $2 billion pushing the Bitcoin price upwards.
Tether has minted $19 billion in USDT since November 6 , including $4 billion in the past four days .
BTC's daily trading volumes show a drop of 33% to $84 billion .
On-chain indicators suggest that heavy Bitcoin whale accumulation has continued during the recent Bitcoin price drop.
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