Major Bitcoin Whale Buys $395 Million Worth of BTC After Recent Price Drop

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Major Bitcoin Whale Buys $395 Million Worth of BTC After Recent Price Drop
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This is the major purchase conducted by the massive whale in 1.5 years

The whale made more than $1 billion after selling 37,000 at an average price of $46,800 in 2023 and 2024.Ethereum to Start Gaining Some Strength, Is XRP Finally in Uptrend? Shiba Inu May Still Hit $0.00002: Here's HowThe leading cryptocurrency is currently changing hands at $65,722 on the Bitstamp exchange after adding 0.9% over the past 24 hours. According to cryptocurrency analytics firm Santiment, the Bitcoin crowd is currently in a state of fear or disinterest.

As noted by the firm, such a level of fear, uncertainty, and doubt is considered to be"rare" since it seems like the Bitcoin trading community has reached the capitulation stage. At the same time, it is worth noting that Bitcoin is just 11% away from its current all-time high, meaning that it is far from the bear market territory.

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