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Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into ‘Accumulation’

Coinedition LogoCoinedition2d ago

Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into ‘Accumulation’ - Coinedition

Quick Summary:

CryptoQuant, a blockchain analytics firm, just reported that over 28,000 BTC has been transferred into accumulation addresses – wallets typically associated with over-the-counter (OTC) trading desks, institutional investors, and long-term holders (whales).

This is big news because accumulation addresses are usually not linked to exchanges, meaning the BTC is being taken off the market rather […]

The post Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into Accumulation’ appeared first on Coin Edition.

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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 18:30:00 (2 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 121 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26258794

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 19 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into ‘Accumulation’" has 121 words across 52 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into ‘Accumulation’" was covered 2 days ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 8 news stories per day.

It's most recent story was published 19 hours ago.

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  • News ID: #26258794
  • URL: https://chronographically.beamstart.com/news/bitcoin-whales-go-on-a-17399058726915

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