Bitcoin Whale Record for 3 years: what will it lead to?
2024-10-24

The number of Bitcoin whales - large holders holding more than 1,000 BTC — has peaked since January 2021. The number of such whales has reached 1,678, which indicates an increase in the savings of large investors. This may signal an upcoming rise in bitcoin prices, especially against the background of increased demand for exchange-traded funds (ETFs) in the United States.

However, the activity of retail investors, on the contrary, slowed down. Their savings have increased by only 1,000 bitcoins in the last 30 days. Against this background, bitcoin is trading around the $67,000 mark, approaching new records.