After several weeks of silence, the third largest Bitcoin (BTC) whale bought $37 million.
One of the biggest Bitcoin whales bought a large amount of Bitcoin.
The analyst of CryptoQuant summarized the acquisition. The address associated with the whale bought 596 Bitcoins at an average price of $62,934. That equates to over $37 million.
The whale had been silent for several weeks. In previous weeks, he had bought large amounts of Bitcoin.
Whale sold some of the crypto’s value when it hit over $60,000. Then, when the asset went down, it started to accumulate again.
According to chain data, whales play a big role in Bitcoin’s ATH.