Data: Whales have bought more than 129,000 BTC since March 11, and market confidence is strong
2025-03-27 11:47:06
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)
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