7 Dormant Bitcoin Whale Wallets Become Active As BTC Tops $60K, What’s Next?

The post 7 Dormant Bitcoin Whale Wallets Become Active As BTC Tops $60K, What’s Next? appeared on BitcoinEthereumNews.com. Against the backdrop of a bullish price trajectory taken by BTC on Saturday, Bitcoin whales have once again nabbed considerable investor attention.  7 dormant wallets belonging to a whale revived after nearly 1 year of dormancy as BTC topped $60K recently, per on-chain data in the market. This saga has garnered significant investor attention to the flagship crypto. Meanwhile, other massive whale transactions and on-chain data emerged in tandem, adding to market watchers’ speculations on the coin’s future price movements. Bitcoin Whales Spark Investor Enthusiasm As Price Breaches $60K As per data streamlined by the tracker Lookonchain on X, dated September 14, Bitcoin whales moved over 1K coins over the past day, reverberating a frenzy across the broader market. For context, 7 wallets belonging to the same whale today nabbed a profit worth $6.89 million with a 203 BTC transfer to Binance. Simultaneously, another swing trader moved 205 BTC to the same crypto exchange amid the coin’s $60K breach to amass a profit of $2.36 million. These transactions have garnered significant attention, underscoring Bitcoin’s potential to offer investors gains. Meanwhile, it’s also worth noting that the whale with 7 wallets currently holds 10,043 BTC, worth $603.84 million. This massive holding ignites market optimism over the asset’s long-term prospects. Also, Lookonchain’s data revealed that a whale bought 1,062 BTC, worth $63.96 million, as the coin broke $60K over the past day. This colossal accumulation has poured additional optimism into the coin’s future price action. BTC Price Crosses $60K, What’s Next? At press time, BTC price traded at $59,958, up nearly 4% in the past 24 hours. However, it’s worth noting that the coin’s intraday low and high were recorded as $57,650.11 and $60,656.72, respectively. Lookonchain’s data reveals that Bitcoin whales took action primarily as the coin broke $60K. Simultaneously, a recent…

Sep 14, 2024 - 09:00
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7 Dormant Bitcoin Whale Wallets Become Active As BTC Tops $60K, What’s Next?

The post 7 Dormant Bitcoin Whale Wallets Become Active As BTC Tops $60K, What’s Next? appeared on BitcoinEthereumNews.com.

Against the backdrop of a bullish price trajectory taken by BTC on Saturday, Bitcoin whales have once again nabbed considerable investor attention.  7 dormant wallets belonging to a whale revived after nearly 1 year of dormancy as BTC topped $60K recently, per on-chain data in the market. This saga has garnered significant investor attention to the flagship crypto. Meanwhile, other massive whale transactions and on-chain data emerged in tandem, adding to market watchers’ speculations on the coin’s future price movements. Bitcoin Whales Spark Investor Enthusiasm As Price Breaches $60K As per data streamlined by the tracker Lookonchain on X, dated September 14, Bitcoin whales moved over 1K coins over the past day, reverberating a frenzy across the broader market. For context, 7 wallets belonging to the same whale today nabbed a profit worth $6.89 million with a 203 BTC transfer to Binance. Simultaneously, another swing trader moved 205 BTC to the same crypto exchange amid the coin’s $60K breach to amass a profit of $2.36 million. These transactions have garnered significant attention, underscoring Bitcoin’s potential to offer investors gains. Meanwhile, it’s also worth noting that the whale with 7 wallets currently holds 10,043 BTC, worth $603.84 million. This massive holding ignites market optimism over the asset’s long-term prospects. Also, Lookonchain’s data revealed that a whale bought 1,062 BTC, worth $63.96 million, as the coin broke $60K over the past day. This colossal accumulation has poured additional optimism into the coin’s future price action. BTC Price Crosses $60K, What’s Next? At press time, BTC price traded at $59,958, up nearly 4% in the past 24 hours. However, it’s worth noting that the coin’s intraday low and high were recorded as $57,650.11 and $60,656.72, respectively. Lookonchain’s data reveals that Bitcoin whales took action primarily as the coin broke $60K. Simultaneously, a recent…

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