Glassnode: The number of "whales" increased significantly in the run-up to halving.

Glassnode: The number of


   Analysts of Glassnode say that in anticipation of the half award for mining bitcoin, which will be held in May, major players are building up stocks of the first cryptographic currency on their wallets.

In the report, the researchers stressed that the number of wallets with a large stock of BTC (more than 1,000 coins) increased before the fall of the market March 12-13, and then began to grow at an accelerated pace. That is, "whales" are digging bitcoins and, according to analysts, it is quite an optimistic signal for the market.

The number of "whales" has already increased until the end of 2017. However, at that time there was a trend to sell large stocks of the first crypt currency. But such accumulation of BTC also took place before the awarding in 2016. After that BTC showed stable and powerful growth, which ended only in 2017.


"According to the trend, even despite the uncertainty in the market, the "whales" remain confident that now is a good time to buy BTC. This means they expect Bitcoin to grow," concluded analysts Glassnode.


Recall that recently, a popular analyst Tone Vays (Tone Vays) said that he expects growth of Bitcoin, and if the first cryptovalut fell to the level of $6 400, it will increase positions.



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