Whales are investors with large amounts of an asset. In the case of Ethereum, the 10 largest whales in the network hold around $47 billion in their portfolios, according to Santiment. Also according to a recent company publication, whales are accumulating more ETH recently. At
During the night, three large Bitcoin transactions were made out of Coinbase. In all, 30,639,034 BTC were withdrawn during the morning of this Wednesday (28). In the current BTC quotation, it is $1.3 billion withdrawn in less than 24 hours. The transactions were reported by
Wallets holding between 100 and 10,000 bitcoins, known as whales, now own nearly 50% of all BTC. According to a report by analyst firm Santiment, the percentage was achieved after a large purchase last month. Apparently, Bitcoin’s decline in May was what drove whales shopping.