Whales have accumulated more than 131,000 BTC over the last 11 weeks. BTC’s weekly and daily charts have finally turned green.
Derivatives market metrics also looked bullish for BTC.has been in the accumulation phase for multiple weeks now, as its price stagnated under the $28,000 mark. Generally, high accumulation happens when the market doesn’t perform well, which is then followed by a trend reversal. The same seemed to be true this time as well, as BTC’s charts have turned green.Bitcoin accumulation shows effects
Santiment’s 20 June tweet revealed that BTC whales have been quite active of late. Notably, wallets holding 1,000 – 10,000
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