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Bitcoin whales move $771.5M from Wintermute as buying claims spread

Bitcoin whales move $771.5M from Wintermute as buying claims spread
Photo: crypto.news

BTC when published $80,563Now $80,577 ▲ +0.02% since it was published

Bitcoin whale accumulation claims have gained traction after Lookonchain reported that 40 newly created wallets withdrew 9,458 BTC, valued at $771.5 million, from Wintermute since Oct. 1. Lookonchain reported 40 new wallets withdrew 9,458 BTC from Wintermute since Oct. 1. The $771.5 million valuation implies $81,571 per BTC, without confirming actual purchase prices. Lucky cited a separate 32,380 BTC daily inflow, described as the largest since April. Crypto Rover promoted Bitcoin’s support band as a buying signal without specifying an invalidation level. Lookonchain described the movements as whale accumulation, while the reported figures document transfers to new addresses without identifying the recipients or establishing their purchase prices. In an Oct. 24 post, market commentator Ash Crypto put the month’s accumulation at $780 million.

First reported by crypto.news. This page is a short excerpt; the full text is theirs.

Read the full story at crypto.news (opens in a new tab)

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