Whales Scoop Up $1.5 Billion in Bitcoin Amid Market Pullback, Experts Eye Bigger Upside

1 month ago 17

Bitcoin Whales Are Propping Markets As Bulls Regain $9,000

Bitcoin (BTC ($103,066.00)) held steady on Friday, easing slightly from its record high of $99,655 as U.S. markets slowed in observance of the Thanksgiving holiday.

The modest pullback comes even as on-chain data reveals that short-term holders offloaded significant amounts of BTC, incurring nearly $4 billion in realized losses. However, the dip presented a golden opportunity for whales, who accumulated approximately $1.5 billion worth of Bitcoin in a single day. 

CryptoQuant analyst C...



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