Whales have been accumulating Bitcoin heavily on the dip
Analytics agency Glassnode reported that the number of BTC addresses containing 10,000 Bitcoins has reached 100.
At press-time, 10,000 BTC is worth $213,313,000 in accordance with the current exchange rate of Bitcoin against the USD.
As covered by U.Today earlier this week, Bitcoin miners have been selling off their BTC in droves lately, struggling to break even and pay off their loans and cover other expenses.
At the same time, whales have been buying Bitcoin actively as wallets holding from 10 to 10,000 Bitcoins have surged in number in the past two weeks. As for addresses that contain 10,000 BTC and more, their amount has increased since February this year.
