Bitcoin Whales Snap Up $2.75B Worth of BTC as Price Stabilizes Near $65K
Bitcoin whales have made a significant purchase of approximately 43,000 BTC over the past 60 days, valued at $2.75 billion.
This buying spree has helped to stabilize the price of Bitcoin near the $65,000 mark, reversing months of steady selling.
The accumulation is broad, including mid-sized holders, despite August's spot trading volume hitting its lowest since 2021.