Main Content

Bitcoin investing data shows a spike in whale

Model: NS-40F401NA26
SKU: 6614066
$121.00
Comp. Value: $646.000
or
4 payments starting at$48.75
with
Sold By Best Buy

More Buying Options

Bitcoin investing data shows a spike in whale transactions above $5 million, concentrated in the European session. Historical analysis suggests such large transfers often precede short-term market swings. Bitcoin is easier to transact with and transport. It's divisible to the eighth decimal place. And because it's a public blockchain, it's easier to verify who owns what. Here's a look at the return a consumer would have if they put their stimulus checks ($1,200, $600 and $1,400) into leading cryptocurrencies like Bitcoin, Dogecoin and Ethereum, based on the dates of April 11, 2020, December 29, 2020, and March 12, 2021. Bitcoin investing opportunities expand with rising cross-border remittance volumes settled in BTC, boosting transactional demand and reinforcing the thesis of Bitcoin as a global monetary hedge.