Posted 10/15/2023, 8:01:01 PM
Bitcoin Whales Continue Accumulating Despite Bearish Trader Sentiment
- Bitcoin sees historic rise in shark and whale BTC wallets, hitting new highs according to Santiment
- Count of wallets holding 10+ BTC up over 8% since early 2022 as accumulation continues
- Sentiment data shows traders taking more bearish stance, raising probability of price climbs
- Precious metals like gold and silver outperforming crypto amid global conflicts
- Crypto prices staying flat while gold and silver surge, similar to early days of Ukraine war
- Investor focus remains on inflation and ongoing crypto bear market