Whale Accumulation: Single Wallet Accumulates 2K BTCs In 4 Days, Adds $57.3 Million Today!

The post Whale Accumulation: Single Wallet Accumulates 2K BTCs In 4 Days, Adds $57.3 Million Today! appeared first on Coinpedia Fintech News

A major Bitcoin whale has stacked 1,000 Bitcoins worth $57.3 Million yesterday. Reportedly, this is the second such purchase in just 4 days. With this, the whale now holds 8,559 BTCs worth approximately $490 Million. With the price of Bitcoin below $57,000, wallets holding 100+ Bitcoins have recorded a 17-month high. Despite a bearish August, 283 new wallets surpassed this mark. Further, with a declining supply on exchanges, whales are now moving their holdings to cold wallets.