Bitcoin Whales Boosted Coin Stash by $3B in January, Data Show | Crypto World ICOs

Bitcoin Whales Boosted Coin Stash by $3B in January, Data Show

Crypto whales, or large investors, have accumulated $3 billion worth of bitcoin (BTC) this month, according to data tracked by onchain analytics firm IntoTheBlock. The amount of bitcoin held in wallets owning over 1,000 BTC has increased by roughly 76,000 BTC to nearly 7.8 million BTC. The leading cryptocurrency began the month positively, tapping highs above $48,900 on Jan. 11 with the debut of U.S.-based spot exchange-traded funds (ETFs).

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