HOT - Bitcoin Rockets Past $28000 Again To Hit 6-Week High: What's Going On? | Benzinga
Bitcoin (Crypto: BTC) has witnessed a surge, reaching its highest price in six weeks and catapulting above the $28,000 mark for the first time since Aug. 17.
What Happened: According to data provided by Santiment, an on-chain analytics platform, a significant accumulation of Bitcoin has transpired among 10,000 to 10,000 BTC wallets, totaling a substantial $1.17 billion since Sept. 1.
🐳 #Bitcoin has blasted back above $28K for the first time since August 17th. With 10-10K wallets accumulating a combined $1.17B since September 1st, a return to a $30K market value looks more and more likely unless these wallets now start dumping. https://t.co/sdcPWGiBMg pic.twitter.com/zN741HmDqh — Santiment (@santimentfeed) October 2, 2023
"A return to a $30K market value looks more and more likely unless these wallets now start dumping," Santiment said in a tweet on X.
The data further reveals that over 41,000 BTC have been amassed by ...