Bitcoin whales end selling spree, increasing holdings by $2.9 billion in 60 days
2026-08-18 23:57:43
According to CoinMeta, and as reported by Bloomberg, after months of selling waves, Bitcoin whales have recently increased their holdings by about $2.9 billion in Bitcoin over the past 60 days. Previously, the Bitcoin market experienced a continuous downturn, which led to retail traders exiting the market, and billions of dollars flowed out of crypto funds. What were once major buyers have now turned into sellers. Now, as investors look for signs of a market bottom, they have found some relief from an old source: Bitcoin whales have once again begun to buy.
Source:Bloomberg
This content is for market information only and does not constitute investment advice.
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