Bitcoin whales buy the dips in this correction, BTC back above $40,000
Bitcoin whales took advantage of the recent downswing to buy 40,000 BTC, worth $1.6 billion. Data from Santiment shows that addresses with 10,000 to 100,000 BTC increased their holdings by nearly 2%, while prices dropped from $39,900 to $38,200.
Bitcoin is back above the $40,000 level once again. As of press time, Bitcoin is trading 5.34% up at a price of $40,488 and a market cap of $770 billion.