On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity.
As per data from the on-chain analytics firm Santiment, Wrapped BTC (WBTC) has also seen high whale activity in the past week. The relevant indicator here is the “whale transaction count,” which measures the total amount of transactions being made on the Bitcoin blockchain that is at least $100,000 in value.
(By Hououin Kyouma)
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