Estimated reading time: 0 minutes, 22 seconds

Bitcoin Adds 'Whales' Since Halving Event

Bitcoin’s May 11 halving has not spiked the value of the digital currency as many had expected. However “whale” investors have ticked up 2%. So reports Coindesk.

bitcoin 2007769 640smallAs of Tuesday, June 16, the number of whales, as represented by “the tally of unique entities” with at least 1,000 coins, was up to 1,840 from 1,811. “The steady accumulation since the halving suggests investor confidence in the long-term bullish narrative surrounding bitcoin,” according to the article.

Read the full article from Coindesk.

Read 2742 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.