Number of Bitcoin Whales with Over 100 BTC in Holdings Jumps to 17-Month High
Blockstream CEO Adam Back also acknowledged the surge in whale activity. He pointed out that it happened when Bitcoin price dipped from over $62,000 to around $58,000.
Bitcoin Jumps to $47K, Ethereum and Crypto-Related Stocks Surge after Spot BTC ETF Approval in US
The impact of the spot Bitcoin ETF approval in the United States is expected to be felt in the coming months as more fund managers compete for the limited supply of Bitcoins amid the upcoming halving event.