The whale that sees every drop in Bitcoin (BTC) as a buying opportunity has once again taken action.
The crypto market witnessed significant drops in the early hours of March 15th. The whale, which has been buying Bitcoin in every drop since the beginning of March, did not overlook the recent dips.
According to the data provided by the on-chain analysis platform Lookonchain, the whale purchased 800 Bitcoins worth $57.2 million through the crypto exchange Kraken following the drop in Bitcoin price.
The whale in question, which has attracted the market’s attention, managed to make purchases of 13,240 Bitcoins worth $909 million since March 1st. The whale’s aggressive buying appetite clearly indicates its expectation of further increase in Bitcoin price.
According to CoinGecko data, Bitcoin, which lost 8.5% in the last 24 hours, is currently trading at $67,391.
