Bitcoin Whale Trader Turns Bullish, Accumulates $175 Million worth of BTC in May

Bitcoin Whale Trader Bullish on BTC

A Bitcoin whale address recently accumulated over $175 million worth of BTC in May, showing a strong bullish sentiment. The trader, known for high trading activity, notably increased its holdings from less than $20 million to $175 million in a single month, displaying significant accumulation.

Bitcoin Whale's Historical Trading Activity

• The Bitcoin whale address ‘124BPp9mTaXxTXiRx8cxEZDd4sGjoxGk9F’ has been actively involved in trading, accumulating over 2,600 BTC.
• The address had initially sold a significant amount of BTC from March to April, but started stacking coins on May 3, with substantial buys in recent days.

Overall, this recent Bitcoin whale activity indicates a bullish outlook for BTC, with the trader accumulating a substantial amount of BTC. The historical data suggests that the address in question has a strong track record of trading decisions.