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The Daily Hodl
2023-02-17 15:30:38

Bitcoin (BTC) Breakout Spurred by Whale Stablecoin Buying Spree, According to Crypto Analytics Firm Santiment

Bitcoin (BTC) Breakout Spurred by Whale Stablecoin Buying Spree, According to Crypto Analytics Firm Santiment

Crypto analytics platform Santiment says that massive whale-buying of Tether (USDT) is helping to fuel Bitcoin’s (BTC) rally. Santiment says key shark and whale addresses have quickly accumulated $2.74 billion of the Tether stablecoin in the past 10 weeks, increasing their digital space buying power by a combined 16%. “Identifying reasons for Bitcoin being able The post Bitcoin (BTC) Breakout Spurred by Whale Stablecoin Buying Spree, According to Crypto Analytics Firm Santiment appeared first on The Daily Hodl .

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