PRESS RELEASE: This is How Top 100 Bitcoin Whales Wallets Balance Changed in the Last 30 Days

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PRESS RELEASE: This is How Top 100 Bitcoin Whales Wallets Balance Changed in the Last 30 Days
February 24, 2019

2019 is gaining momentum and we can already take a sneak peek at the top 100 Bitcoin whales addresses and, of course, how their balance has changed in the last 30 days.

Please note, that some of these top addresses are the wallets of cryptocurrency exchanges (Bitfinex, Bittrex, Binance , Huobi, Coinheck). However, the whole calculations should still reflect the most important data on how the Top 100 Bitcoin addresses balance have changed in the last 30 days. The calculations will show us if Bitcoin inflows or outflow dominate.

Do Bitcoin Whales Buy or Sell?

According to bitinfocharts this is how Top 100 Bitcoin whales balances changed in the last 30 days:

7 whales SOLD (-26 519.05 BTC);

13 whales BOUGHT (+97 456.46 BTC);

80 whales balance DID NOT CHANGE;

The results show that all of the Top 100 Bitcoin whales balance increased in 97 456.46 BTC which is equal to an inflow of $405 532 591 US dollar at a rate of $4161 US dollar per Bitcoin. The outflow of 26 519.05 BTC equals to 110 318 756 US dollars.

Coinmarketcap.com calculator. Bitcoin price at the time of writing is $4161 US dollar.

Bitcoin Attracts Buyers

To sum up the result it is clearly visible that Bitcoin attracts more buying power rather than selling. Another one interesting thing is that in the top 28 addresses only one wallet decreased in the amount of Bitcoin owned, and this wallet belongs to Bitfinex-coldwallet which moved 19 123 BTC out of its coldwallet.

Bitfinex coldwallet transactions. Bitinfocharts.com data

The top 47th wallet has increased in Bitcoins the most out of the whole list. This Bitcoin whale filled its ‘bag’ with an additional 20 000 BTC.

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The post This is How Top 100 Bitcoin Whales Wallets Balance Changed in the Last 30 Days appeared first on Cryptovibes.com – Daily Cryptocurrency News .

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