From Investing.com: 2024-06-25 15:30:20

The cryptocurrency market faced FUD, but largest whales are accumulating Bitcoin. While some whales are dumping BTC, others are buying big. Bitcoin’s largest wallets now hold 0.1% of total supply, buying 7,130 BTC worth $436 million. German government sells BTC, transferring 400 Bitcoins valued at $24.34 million. Last week, they sent 1,700 BTC to exchanges. Bitcoin plunges below $60,000, dropping from $62,680 to $59,220 due to massive outflows. $630 million withdrawn from BTC, but it has since rebounded to $61,152.

Read more at Investing.com: Half Billion in Bitcoin Purchased in Single Day, Here’s Monster That Did It By U.Today