{"id":134509,"date":"2024-07-30T21:00:04","date_gmt":"2024-07-30T18:00:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134509"},"modified":"2024-07-30T16:26:38","modified_gmt":"2024-07-30T13:26:38","slug":"crypto-whales-on-an-accumulation-spree-as-amid-bitcoin-price-dip","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-whales-on-an-accumulation-spree-as-amid-bitcoin-price-dip\/","title":{"rendered":"Crypto Whales on an Accumulation Spree as Amid Bitcoin Price Dip"},"content":{"rendered":"<p>According to Lookonchain, a market intelligence service, these major investors have been actively increasing their holdings following Monday\u2019s price drop.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Four whales accumulated 5,900 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> ($397M) from CEX in the past 24 hours!<\/p>\n<p>1\ufe0f\u20e3 Whale \u201c12QVs\u201d withdrew 4,500 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> ($303M) from <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Binance<\/a> at ~$67,298.<\/p>\n<p>\u2022 Among these tokens, 3,500 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> ($233M) were withdrawn after the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> price plunged.<\/p>\n<p>2\ufe0f\u20e3 Three whales (likely one entity)\u2026 <a href=\"https:\/\/t.co\/YCWNM5GI4z\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/YCWNM5GI4z<\/a><\/p>\n<p>\u2014 Spot On Chain (@spotonchain) <a href=\"https:\/\/twitter.com\/spotonchain\/status\/1818198662524379188?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>One prominent investor, identified as \u201c12QVsf,\u201d withdrew 4,500 BTC, valued at over $302 million, from Binance.<\/p>\n<p>This whale is also connected to three other wallets that collectively moved 1,400 BTC, worth $94 million, from Bitfinex on Tuesday morning.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/how-countries-can-embrace-the-bitcoin-standard\/\" title=\"How Countries Can Embrace the Bitcoin Standard\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/09\/bitcoin_btc_blockchain-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">How Countries Can Embrace the Bitcoin Standard<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Additionally, these wallets had previously extracted 2,510 BTC, amounting to over $163 million, from Bitfinex on June 20.<\/p>\n<p>Spot On Chain, an on-chain analytics platform, has also noted this accumulation trend.<\/p>\n<p>Following a high of $73,000 in March, analysts are optimistic about <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s<\/a><\/strong> prospects, predicting a potential bull run that could push its value above $100,000 in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite Bitcoin trading below $67,000, large investors are seizing the opportunity to buy in.<\/p>\n","protected":false},"author":3,"featured_media":37678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-134509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Whales on an Accumulation Spree as Amid Bitcoin Price Dip<\/title>\n<meta name=\"description\" content=\"Despite Bitcoin trading below $67,000, large investors are seizing the opportunity to buy in.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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