Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #3
Bitcoin whales accumulate despite sideways price action
Original: 🐳 Die Wale kaufen nach! Trotz der Seitwärtsphase stiegen die Wal-Bestände in 2 Wochen von 2,94 Mio. auf 3,00 Mio. $BTC A
On-chain data shared in the German crypto community shows large Bitcoin holders, so-called whales, increased their holdings from 2.94 million to 3 million BTC within two weeks, even as the price moved sideways. MicroStrategy is also reported to keep buying, while short-term holder exchange inflows remain minimal, which some read as a sign of quiet accumulation.
Why now: Whale balances hitting a notable threshold amid a stagnant Bitcoin price fuels speculation about an upcoming move.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1961727