Bitcoin whales are actively moving their assets as the cryptocurrency's price rebounds. A significant wallet purchased $200 million worth of Bitcoin on March 24, acquiring 2,400 BTC after selling over 11,400 BTC in previous months when Bitcoin prices fell from over $100,000 to approximately $78,940. This wallet now holds over 15,000 BTC, valued at more than $1.3 billion. Additionally, another whale that had been inactive for eight years transferred over 3,000 BTC, worth about $250 million. Meanwhile, asset management giant BlackRock also increased its Bitcoin holdings, acquiring 4,054 BTC across 15 transactions, bringing its total to 573,878 BTC, worth over $50 billion. The recent activity from various whales coincides with a price surge of Bitcoin, which has improved from lows of $76,900 earlier in the month. The movement of these large holders suggests a bullish sentiment towards Bitcoin in the current market environment.

Source 🔗