{"id":462683,"date":"2023-12-03T12:59:32","date_gmt":"2023-12-03T12:59:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=462683"},"modified":"2023-12-03T12:59:32","modified_gmt":"2023-12-03T12:59:32","slug":"bitcoin-price-prediction-bullish-whale-buys-almost-90-million-btc-in-3-days-highlighting-the-explosive-potential-of-this-bitcoin-etf-approvals-play","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-bullish-whale-buys-almost-90-million-btc-in-3-days-highlighting-the-explosive-potential-of-this-bitcoin-etf-approvals-play","title":{"rendered":"Bitcoin Price Prediction: Bullish Whale Buys Almost $90 Million BTC In 3 Days, Highlighting The Explosive Potential Of This Bitcoin ETF Approvals Play"},"content":{"rendered":"

Bitcoin price is up almost 2% in the last 24 hours to trade for $39,450 as of 5:00 AM EST with trading volume down almost 10%.<\/p>\n

The drop in trading volume is characteristic of weekends when the retail market tends to take a back seat. This leaves the market to the large holders, increasing volatility because a small number of large trades can influence the market.<\/p>\n

Bitcoin Price Eyes $40,000 As Whale Buys $187 Million Worth Of Crypto<\/h2>\n

With eyes peeled to the $40,000 mark, a whale has shown bullishness, buying about $187 million worth of assets in three days from Binance<\/a> exchange. Blockchain-tracking service Lookonchain reported that from the $187 million, $90.64 million accounted for BTC purchases.<\/p>\n

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It seems that a whale has accumulated ~$187M assets from #Binance<\/a> in the past 3 days, including:<\/p>\n

2,380 $BTC<\/a>($90.64M)
172K $BNB<\/a>($39.19M)
16,300 $ETH<\/a>($33.61M)
200K $SOL<\/a>($12.2M)
530B $SHIB<\/a>($4.4M)
460M $IOST<\/a>($4.2M)
1.6M $MATIC<\/a>($1.22M)
16M $CHZ<\/a>($1.16M)
… pic.twitter.com\/3q1kjifU8B<\/a><\/p>\n

— Lookonchain (@lookonchain) December 1, 2023<\/a><\/p><\/blockquote>\n