Chainalysis: bitcoin whales took advantage of the market decline to strengthen their positions
Large investors took advantage of the bitcoin price crash last week to gain more crypto. The whales bought 77,000 BTC, according to analyst firm Chainalysis.
Anthony Pompliano, co-founder of venture capital firm Morgan Creek Digital, concluded that during the market decline, owners of bitcoin addresses with balances between 10,000 and 100,000 BTC increased their positions by 122,588 BTC.
