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Crypto analytics platform Santiment has revealed that a whale amassed hundreds of millions of dollars worth of Bitcoin (BTC) within two weeks.
santimento To tell It shows that relatively large holders of flagship crypto assets have bought about $726 million worth of bitcoin over the past nine days.
According to Santiment, the top 20 stablecoins by market cap are also experiencing high demand.
Bitcoin addresses holding between 100 and 10,000 BTC have bought $726 million in BTC in the last nine days. Meanwhile, stablecoin assets such as USDT, BUSD and DAI are also being bought rapidly. This is a recipe for good things.
crypto analysis company To tell Over the past three weeks, addresses holding between 100 and 10,000 Bitcoins have grown at the fastest rate since February.
In addition, we have confirmed 159 new addresses holding between 100 and 10,000 BTC in the last three weeks. I was right when FUD was at its peak after that.
In terms of stablecoins, Santiment announced that Tether (USDT) and Binance USD (BUSD) stablecoin addresses worth between $100,000 and $10 million have been traded over the past three days, worth a total of $922.4 million. It states that it has accumulated crypto assets.
Tethers primary addresses have accumulated a total of $817.5 million in purchasing power over the past three days, a +7% increase over what they had before December 10, 2022.
Binance USD primary addresses have accumulated a total of $104.9 million in purchasing power over the past three days, a +9% increase over what they had before December 10, 2022. “
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