Bitcoin whales accumulate 122.5K BTC amid latest market mayhem

Read Here— Extremely large Bitcoin accounts, or whales, have been buying the dip in troves.

Co-founder of Three Arrows Capital Kyle Davies told Bloomberge:

“People that were borrowing money to invest, they were wiped from the system […] Every time we see massive liquidation is a chance to buy. I wouldn’t be surprised if Bitcoin and Ethereum retrace the entire drop in a week.”

Elon Musk even tweeted that “Tesla has diamond hands” implying that Tesla will not be selling in the their BTC in the dip.

Published by Dalton Hawk Stokes

I am a Journalist, a gamer, and a cryptocurrency/blockchain enthusiast with a bachelor's degree in Journalism and English. I own Bitcoin, ETH, and many other cryptos.

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