Large investors — or so-called whales — bought great quantities of Bitcoin (CRYPTO: BTC) when it briefly dipped at the $30,000 price level.
What Happened: In a recent report by blockchain analytics company Chainalysis, the firm’s Chief Economist Philip Gradwell explains that whales bought 77,000 bitcoin last week, now worth over $3 billion.
This is the conclusion drawn by the company from its analysis of blockchain transaction data.
Bitcoin’s price dipped briefly to a 5-month low under…
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