Santiment: Bitcoin whales are buying dips during market declines, with the number of transactions reaching the highest level since early April
Santiment, a blockchain analysis platform, stated in a post on X that on August 5th and 6th, the number of Bitcoin whale transactions reached the highest level since the first week of April. Based on the total holdings of wallets holding 10 to 1000 BTC, these whales quickly bought the dip during the market downturn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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