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Large Bitcoin holders receive 24,000 BTC within the past 24 hrs.

Thrilling information from the crypto earth! Ali Martinez, a renowned crypto analyst and trader, unveiled in a latest tweet that cryptocurrency whales are creating moves during the existing Bitcoin downturn.

In the past 24 hrs, Bitcoin encountered a 4.20% drop, slipping from $69,920 to $66,980. But panic not, as a swift rebound brought it back up by 1.70%. As of now, the electronic gold is trading at $68,180 on the Bitstamp exchange.

Relevant

When Bitcoin fell below $67,000, the whales swooped in and acquired a whopping 20,000 BTC, amounting to a staggering $1.34 billion in fiat value.

Apparently, the Bitcoin cost decline coincided with the SEC’s approval of Ethereum location ETFs on Thursday. These ETFs were greenlit six months after Bitcoin ETFs, although authorities forecast that the desire for Ethereum ETFs may not match that of Bitcoin’s.


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