Bitcoin whale addresses added 71,000 Bitcoins during last week’s drop

According to IntoTheBlock data reported, when the price of Bitcoin fell to $54,200 on July 5th, whale addresses increased their holdings by 71,000 Bitcoins, worth about $4.3 billion. In addition, CryptoQuant data shows that Bitcoin whales are currently accumulating Bitcoins at the fastest rate (calculated by the 30-day moving average) since April 2023 (the collapse of Silicon Valley Bank).