A Bitcoin whale bought 1000 units of Bitcoin again tonight after buying 1000 BTC on Thursday. It is seen that the whale, which bought more than $100 million ($59 million + $57 million) in about 4 days, is waiting for down times for transactions.

As it will be remembered, Bitcoin rose to $61,500 last week, but started to decline again on Thursday. This whale made a purchase of 1000 BTC as soon as the Bitcoin price fell below $60,000. According to the information provided by Lookonchain, the same whale bought at $57,400 tonight.

The whale currently holds 8559 Bitcoin worth $494 million.

Fed month entered

One of the most decisive days for the Bitcoin price, which had a hard August, will be the Fed meeting day on 18 September. This meeting, which is certain to cut the Fed by 25 basis points, will be the first interest rate cut in more than 4 years.

Bitcoin fell as low as $57,120 in these night hours. The largest cryptocurrency is trading around $57,600 at the time of writing the news.