Express News | U.S. SEC Unveils Cryptocurrency Regulatory Framework to Advance Digital Asset Oversight

Breakings04:15

Bitcoin whales halt selling, accumulate over $2.7 billion in 60 days

Bitcoin whales have returned to the buyer camp, providing a potential signal that the cryptocurrency market, which has been in a slump for several months, may be bottoming out. According to on-chain data provider CryptoQuant, large holders have net accumulated approximately 43,000 Bitcoin over the past 60 days, equivalent to about $2.75 billion at current prices. This trend began when Bitcoin's price fell to around $60,000, marking a shift back to accumulation by this group after months of sustained selling. Meanwhile, data from Glassnode shows that medium-sized holders with 100 to 1,000 Bitcoin, as well as ultra-large holders with more than 10,000 Bitcoin,

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