Whales Are Hungry For Bitcoin – Mega Whales Abruptly Add BTC

Bitcoin is trading above $30k once again. The other day, BTC fell below this limit and had some investors worried, while others have been saying that this is the best time to buy the dip.

At the moment of writing this article, BTC is trading in the green and the king coin is priced at $30,818.45.

Now, it’s been revealed that there is a collection of Bitcoin whale wallets which suddenly scooped up tens of thousands of BTC over the weekend after being inactive since December of 2018.

The online publication the Daily Hodl notes that according to BitInfoCharts’ list of the biggest Bitcoin wallets, “the addresses ranked 89 through 106, except rank number 90, accumulated a total of 28,377 BTC worth $841.85 million on July 17th and July 18th in a synchronized manner.”

The same online publication notes that all 17 wallets held exactly 8,000 BTC before accumulating more over the weekend.

Four wallets received BTC inflows at the exact time on July 18th, according to the same online publication.

“Another four addresses collected BTC at the same time on July 17th, and three other wallets added BTC simultaneously at a later time on the same day,” they note.

Crypto Twitter is optimistic regarding the price and future of BTC these days.

The best time to buy BTC

Check out an interesting opinion that’s been shared on Twitter these days.

Despite the huge market volatility, there are all kinds of bullish predictions about the price of Bitcoin these days.

More than that, mass adoption continues and there are various moves made in this direction.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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