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.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.