Whales may have helped Bitcoin stay afloat this month – AMBCrypto

Even though October proved to be a very beneficial month for Bitcoin, the last week didn’t turn out to be fruitful for the king coin.

One has to consider 101 BTC per wallet which brings the total to $2.4 billion worth of BTC.

In fact, as Bitcoin went into consolidation over the last 10 days, the market saw the return of seven more whales with each holding at least 10 thousand BTC in their wallet.

Whales weren’t as active in the last quarter as they are now, however one institution was bullish throughout this year which is MicroStrategy.

He has a keen interest in DeFi, the ever-expanding possibilities of blockchain technology, as well as the political impact they would have.

Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.

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