Whales and Sharks Accumulated $300 Million in BTC Since the Mid-August Crypto Crash

Dormant Bitcoin Whale Wakes up After 11 Years to Transfer $31M in BTC

Bitcoin investors who already have a substantial amount of the asset in their accounts seem unfazed by the recent decline of the cryptocurrency market. According to Santiment data, some whales and sharks have accumulated over 11,600 BTC between August 17 and now.

Such investors have been quite active on the crypto scene ever since the world’s largest asset manager – BlackRock – filed to launch a spot Bitcoin ETF in the USA. 

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