Bitcoin Sharks Show Biggest Monthly Buying Spree Since 2012
Summary
Bitcoin sharks, entities holding 100-1,000 BTC, have accumulated 268,441 BTC in the last month, worth $18.6 billion, the largest since 2012. This accumulation has contributed to Bitcoin's price reaching new all-time highs. Additionally, Coinbase observed a $1.1 billion net outflow of BTC, signaling a bullish trend as investors prefer self-custody. Despite recent stagnation, Bitcoin is currently trading at around $69,400.
