Whale wallets ramp up Bitcoin buying as price hovers around $71K
Whale wallets ramp up Bitcoin buying as price hovers around $71K, according to on-chain data published by Santiment.
Wallets holding between 10 and 10,000
$BTC reversed course from active selling to net accumulation roughly two weeks ago.
The reversal comes as Bitcoin holds gains against a weakening S&P 500. Over the past five weeks, the S&P 500 fell approximately 2.2%, while Bitcoin gained 2.4%.
Gold rose 3.7% over the same period. Santiment analysts attribute the divergence to Bitcoin’s lack of ties to any single country’s econ