Bitcoin Large Transactions Over $100,000 Hit 6-Week High... Santiment: "Whale Accumulation Signal"
According to the on-chain analysis firm Santiment, 10,009 Bitcoin (BTC) on-chain transactions worth over $100,000 occurred in a single day, recording a 6-week h
What to know
- According to the on-chain analysis firm Santiment, 10,009 Bitcoin (BTC) on-chain transactions worth over $100,000 occurred in a single day, recording a 6-week h
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According to the on-chain analysis firm Santiment, 10,009 Bitcoin (BTC) on-chain transactions worth over $100,000 occurred in a single day, recording a 6-week high. This is the highest figure since April 22. Santiment interpreted this surge in large transactions as a 'whale accumulation signal' in light of historical precedents. The price of BTC at the time these statistics were compiled was approximately $70,563.