(Rejected) BTC HODLers Still Stucking Up As Price Hits 39k
Crpto whales has been busy acquiring more BTc which are numbered about 90,000 at a total cost of $367 billion within the last 25 days.
This was revealed by Santiment, crypto market data aggregator on June 16, 2021, that keeps a close tab on wallet addresses that holds between 100 and 10,000 Bitcoins.
#Bitcoin addresses holding between 100 to 10,000 $BTC have accumulated 90,000 more $BTC in the last 25 days. They now hold a 7-week high of 9.11m $BTC, currently worth a total of $366.89 Billion at this time, and 48.7% of the total #Bitcoin supply. says Santiment.
Not just the traders, BTc minners are also seen to be stucking up their BTc assests as their withdrawal on weekly basis within the last 5 months has reduced drastically to berely $1.7 million. This wis disclosed by Glassnode, an on-chain analytics provider.
Lark Davis, a market analyst believes that Bitcoin price could hit $43k if it gatheres enough strenght from the community.
Image source: forbes