Large Bitcoin Holders Nearly Double Their Share of Whale Capital

Large Bitcoin (BTC) holders who acquired their coins in the past five months now account for about one-third of whale capital, nearly twice their share in July. The increase comes as the market’s 30-day demand reading remains negative. A previous look at whale holdings and Bitcoin apparent demand described a similar combination of accumulation and negative demand. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Also reported by Coinfomania.

Source: TokenPost