CRYPTO NEWS - Bitcoin Mega Whale Holdings Touch One-Year High As BTC Jumps Past $31,000
CRYPTO NEWS - Bitcoin Mega Whale Holdings Touch One-Year High As BTC Jumps Past $31,000
00:01 Intro
01:12 Crypto News Today
02:08 Bitcoin News Today
03:15 Ethereum News
04:27 Bitcoin Technical Analysys
05:12 Bitcoin Price Prediction
09:34 Outro
In a surprise recovery, the world’s largest cryptocurrency Bitcoin (BTC) managed to give a successful weekly closing above $30,000. This was the first-ever positive close by Bitcoin over the last ten weeks.

As of press time, Bitcoin is trading 4.32% up at a price of $31,096 and a market cap of $589 billion. On-chain data provider Santiment notes that the total whale holdings by Bitcoin have touched their one-month high. It states:

The mega whale addresses of Bitcoin, comprised partially of exchange addresses, own their highest supply of $BTC in a year. We often analyze the 100 to 10k $BTC addresses for alpha, but accumulation from this high tier can still be a promising sign.