Bitcoin Whales Bought $2.26 Billion Worth Of BTC

Bitcoin whales, who invested heavily, bought $2.26 billion worth of BTC during the last correction.

According to a new report from blockchain research firm Santiment, Bitcoin whales have continued to buy Bitcoin with the latest market drop. According to Santiment, active Bitcoin whale wallets containing between 100 and 10,000 BTC bought around 40,000 BTC during the cryptocurrency market crash that started last week. According to Santiment, with the latest drop in the cryptocurrency market, the supply of Bitcoin on exchanges has also entered a downward trend. Also, according to the blockchain analytics firm, Bitcoin's current social sentiment is at a seven-week low. It is discussed in the crypto community that this and such data could trigger a new uptrend in Bitcoin and the rest of the cryptocurrency market.