In a few days, the number of wallets that hold at least $1 million in Bitcoin (BTC) has grown by almost 40%. But there is also another cryptocurrency that the whales have shown interest in.
Large investors began to actively buy cryptocurrency in large volumes. Over the past few days, the number of wallets with a BTC balance of $1 million or more has increased by 38%, to 18 thousand addresses. This happened in the context of the growth of the Bitcoin price to $11,000. This data was published by the analytical service Glassnode in its Twitter account.
“With the recent increase in the price of BTC, the number of wallets containing at least $1,000,000 has grown by ~ 38% and is now around 18,000,” analysts pointed out.
Large investors are interested not only in Bitcoin. Since mid-July, the XRP token rate has increased by 30%, and the current value is $0.245. At the same time, the share of asset holders with a capital of $240 thousand to $2.4 million increased by 3.7%, data from the Santiment analytical service suggests.
The reason for the display of interest in cryptocurrency on the part of large investors may be the current crisis. To support the economy, countries issue currencies, which leads to its depreciation. Bitcoin in this regard will outperform traditional money, its emission is limited to 21 million coins. Perhaps for these reasons, the founder of the hedge fund Tudor Investment Paul Tudor Jones decided to invest in BTC. In May, the billionaire announced that he had bought a $50 million worth Bitcoins.
