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Small and Medium Bitcoin Whales Keep Holding and Accumulating Despite BTC Dropping to $35,500

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Small and Medium Bitcoin Whales Keep Holding and Accumulating Despite BTC Dropping to $35,500

Santiment analytics agency has reported that despite the Bitcoin decline to the $34,000 level, BTC whale holders are still buying the dip, taking advantage of the price drop.

According to the recent tweet from the Santiment team, crypto addresses that hold a minimum of 1,000 Bitcoins keep adding Bitcoin to their positions.

Mid-tier holders with wallets holding from 10 to 1,000 BTC are not flinching either.

As for wallets with smaller Bitcoin holdings, their number is dropping fast, though, the chart shows.

https://preview.redd.it/lhrnw75yv7671.jpg?2967&format=pjpg&auto=webp&s=e6c1b98fe60789daed00777e6762e94d246e833f

TLTR: Smart people are buying the dip and HODL

submitted by /u/Pastry1
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