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DOMAINS TOKEN-G

Ronald Maguire

27 May 2022 171 Read Crypto , Bitcoin , Altcoins

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Whales Accumulate Bitcoin Under 30k

Cryptocurrency prices continue to fall. BTC is currently priced at 29,000 USD. One of the major altcoins, Ethereum is down 1.9% at 1,786 USD, while BNB is down 2.7% at 302 USD. If we do not count Terra (LUNA), the altcoins that are worst affected by the bear market are Polkadot and Solana.

Whales Are Very Active

Whales holding 100 to 1000 BTC in their wallets have been very active over the past few months. They continue to buy BTC after every correction in the market. The number of whales with 100 to 1000 BTC in their wallet rose to 13737. Macroeconomic factors are forcing capital to exit cryptocurrencies.

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