Bitcoin ETF

Bitcoin

James

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<ul class="news-points"> 
 <li><strong>Crypto analyst James Straten tweeted that the number of BTC whales holding more than 1K Bitcoin is increasing in Q3 of 2023.</strong></li> 
 <li><strong>A user reported that BTC whales have accumulated over 30,000 BTC, worth $1 billion in 7 days.</strong></li> 
 <li><strong>Lawyer Scott Johnsson tweeted about the potential approval of a spot Bitcoin ETF by the US SEC on November 2.</strong></li> 
</ul> 
<p>Earlier today, crypto analyst James Straten tweeted that the number of <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> whales holding over 1K BTC has been on the rise during the latter half of this year. According to him, whales buy cheaper BTC during bear markets to increase their holdings before dumping them for profit in bull markets.</p> 
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   <p lang="en" dir="ltr">Something I'm noticing on-chain is that whales that hold 1k <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> or more are increasing in terms of number, in the second half of this year. <br><br>This entity tends to increase in bear markets (buy cheap <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a>) and reduce in bull markets as they offload into profits.… <a href="https://t.co/XbSOPa21PQ" target="_blank" rel="nofollow">pic.twitter.com/XbSOPa21PQ</a></p>— James V. Straten (@jimmyvs24) <a href="https://twitter.com/jimmyvs24/status/1719675806002143322?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 1, 2023</a>
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<p>On October 19, data from Cryptoslate reported that Bitcoin had been experiencing “exceptional accumulation across all cohorts in Oct. 2023.” Moreover, the holdings peaked in July, just before Bitcoin …</p>
<p>The post <a href="https://coinedition.com/number-of-bitcoin-whales-holding-over-1k-btc-is-on-the-rise/">Number Of Bitcoin Whales Holding Over 1K BTC Is On The Rise</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Number Of Bitcoin Whales Holding Over 1K BTC Is On The Rise

Coin Edition

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