Data: Whales have bought more than 129,000 BTC since March 11, and market confidence is strong

Odaily News According to data tracked by blockchain analysis company Glassnode, Bitcoin whales have bought more than 129,000 BTC since March 11, worth $11.2 billion, with an average purchase price of $87,500, indicating that the largest market participants have growing confidence in the largest cryptocurrency. Analysts believe that the Fed's dovish remarks and optimism that Trump's tariffs to be implemented on April 2 will be more cautious than expected have led to BTC's recovery. (CoinDesk)