Bitcoin's pre-halving retrace may be over as the cryptocurrency reclaimed the $71,000 price level after one of the largest accumulation days in years. Blockchain analytics firm Santiment reported that wallets holding between 10 and 10,000 coins accumulated 51,959 BTC on March 24, worth around $3.4 billion. This represents 0.263% of the entire currently available supply being accumulated in one day. As the Bitcoin halving approaches, Santiment expects these wallets to continue growing, positively impacting crypto-wide market caps.
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.