Bitcoin whale continues to buy: 2600 BTC

Bitcoin’s rise above $70,000 again has also increased whale movements. A whale that bought 2000 BTC in the last 2 weeks bought 600 more BTC tonight. The total purchase value has reached $200 million.

Bitcoin whale continues to buy: 2600 BTC

Bitcoin spot ETFs have received more than $1 billion in investment in the last 2 days and Bitcoin has exceeded $73,000 after months, which was also reflected in whale movements. All purchases made by a large Bitcoin whale in 2 weeks reached 2600 BTC.

According to the information provided by the on-chain platform Lookonchain, this whale had purchased a total of 2000 BTC (approximately $145 million) in the last 2 weeks. The same whale purchased another 600 BTC ($44 million) tonight. The total purchases in 2 weeks reached $200 million.

Will the rise continue?

It is seen that some of the whales made profit sales.

Again, according to the information provided by Lookonchain, another whale sold 135 WBTC worth $10 million after the price rose to $73,000. This whale, who bought Bitcoin and Ether with loans received through AAVE, made a profit of $5.5 million in 3 months.

In particular, signs that Donald Trump is ahead of Kamala Harris in the US elections have caused Bitcoin to increase significantly in recent days.

If Trump wins the US elections to be held on November 5, experts expect the rise in Bitcoin to become even steeper.

Trump’s presidential campaign is again shown as the main reason for the rise in ETFs.

Bitcoin had exceeded $73,500 tonight.

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