Giant Whale Accounts Recently Purchased About $1 Billion in Bitcoin Daily
CryptoQuant's latest data shows that the Bitcoin market has seen significant investment growth recently, with mega whale accounts purchasing around $1 billion in Bitcoin per day. Long-term holders have added a total of 70,000 BTC to their holdings over the past 30 days, which is the largest increase since the end of April. On the other hand, demand for Bitcoin from large investors is now growing at a rate of 4.4% per month, which is the fastest rate of growth since April 20th.
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A certain whale address went long on 1,000 BTC with 3x leverage, with a liquidation price as low as $60,042.