Whales have accumulated 270,000 BTC over the past 30 days, marking the largest accumulation since 2013, according to data from CryptoQuant cited by Bitfinex. Concurrently, Bitcoin reserves on exchanges have dropped to their lowest level since December 2017.
Additionally, CryptoQuant reports that since September 2022, Bitcoin miner reserves have decreased from 1.862 million BTC to 1.801 million BTC, indicating a potential sale of approximately 61,000 BTC during this period.
Whales Accumulate 270,000 BTC as Exchange Reserves Hit 2017 Lows
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