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Is Uptober Dead? Bitcoin Whales Buy 1,900 BTC Amid Market Crash

Is Uptober Dead? Bitcoin Whales Buy 1,900 BTC Amid Market Crash
Source: themarketperiodical.com

Bitcoin price faces another disappointing Uptober after the Binance security breach intensified cryptocurrency selling. BTC fell below $77,000, while nine new wallets received $148 million from Galaxy...

Summary

  • Bitcoin price faces another disappointing Uptober after the Binance security breach intensified cryptocurrency selling.
  • BTC fell below $77,000, while nine new wallets received $148 million from Galaxy Digital.
  • However, CryptoQuant had identified weakening Bitcoin demand before the security incident.
  • Bitcoin Whales Receive $148M as Bitcoin Price Falls Blockchain tracker Lookonchain reported that nine newly created addresses received 1,900 BTC from Galaxy Digital within four hours.
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