Bitcoin, ETH, & XRP Whales Remain Bullish Despite Crypto Market Crash, Here’s All
Photo: The Coin Republic
Key Insights The crypto market crash saw Bitcoin fall 7% from its highs, with US government BTC transfers and elevated unrealized profits as contributing factors. Whales reportedly accumulated nearly 15,000 Bitcoin worth $1.25 billion, 166,000 Ethereum, and over 45 million XRP. The crypto market crash coincided with significant whale buying, but the data does not confirm a market bottom or guarantee a recovery. The crypto market crash pushed Bitcoin nearly 7% below its recent highs as some whales apparently took the opportunity to buy more.
Source: The Coin Republic
