Number of Bitcoin Whales Hits 2 Year High as Accumulation Accelerates

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The number of Bitcoin (BTC) whales with at least BTC 1,000 (USD 6.9 million) in their wallets has reached its highest point in more than 2 years, or almost 1,850 entities, according to new research. Also, the number of whales active in the market during an “accumulation phase” has not been this high since the end of 2015, crypto market researcher Glassnode said in its weekly report. In fact, according to them, the number of these large players actually increased ahead of the market crash in mid-March, and “accelerated during and after the crash.” See more for yourself here...