Why The Current Bitcoin (BTC) Recovery is 3x Faster Than Last Crypto Cycle

2019-6-27 14:49

Five months ago, no one expected that Bitcoin (BTC) would be past $10,000. But here we are, on the verge of a potentially shocking, jaw-dropping bull run, marked by parabolic increases in crypto assets across the board.

Related Reading: Bitcoin: After Pushing Past $11k, Analysts Believe BTC Could Climb Significantly Higher; Here’s Why Since bottoming. . .

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Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply

On-chain data shows that the Bitcoin whales’ holdings have grown to 25. 16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year.

2024-4-25 06:00