BTC Whales and Bulls on the move

After what some traders might consider a lackluster week, Bitcoin has made the headlines, with the news regarding massive new investments made by unusual suspects: whales and skeptics.  

Since the halving in May whales have been lurking. It is important to be on the lookout as massive movements have the power to affect the entire ecosystem. Last Thursday for instance, Whale watchers pointed that a single address moved 15,987 BTC in block 649,777, estimated to be worth about $166 million.  

The sentiment of outside markets seems to be changing as well. Microstrategy, a billion-dollar valued company with a notorious anti-bitcoin sentiment installed in higher management has flipped the switch and acquired over $400 million in BTC. The purchase amounted to more than 38,000 bitcoins and is a textbook case of how quickly the crypto mindset can change. 

User Avatar


Crypto Parrot Community Mgr - Here to help answer questions, fix things & help out when needed. Got feedback? Send those bad boys here: [email protected]

Related articles

Is BTC Heading for $11k or Beyond?

BTC’s price shoots up by $300 as Square buys $50million in bitcoin.…

2mins 8 Oct, 2020 CryptoParrot
The Secret for a record breaking BTC

Are we seeing a $20,000 Bitcoin price before the end of the year? …

2mins 1 Oct, 2020 CryptoParrot
Twitter and Bitcoin: A match made in crypto heaven? 

Can Twitter become part of the blockchain revolution and play its part in revolutionizing social media security?…

2mins 29 Sep, 2020 CryptoParrot
Are we edging closer to mass adoption?

Crypto growth across Africa paving the way to new regulations.…

2mins 24 Sep, 2020 CryptoParrot
Start trading

Trade and invest in cryptocurrencies, stocks, ETFs, currencies, indices and commodities or copy leading investors on eToro's disruptive trading platform.

Learn more



Login to comment