© Reuters Whale Addresses Have Bought $726 Million in BTC in the Past 9 Days
- The global crypto market cap has fallen 1.08% over the last 24 hours.
- Recent data from Santiment suggests that it is the perfect time to buy crypto.
- BTC’s price stands at $17,745 at press time.
The global crypto market cap is down 1.08% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the figure stands at $861.01 billion.
With the crypto market cap dropping in the last day, recent data from Santiment suggests that now is the perfect time to buy crypto as many investors have identified the bottom over the last 7 days.
In a tweet made this morning by the blockchain analysis firm, it was shared that (BTC) addresses holding between 100 to 10,000 BTC have bought $726 million in BTC in the past 9 days.
The tweet added that “stablecoin assets like USDT, BUSD & DAI are also being bought quickly.” Santiment believes that this is “a recipe for good things.”
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