Bitcoin whales buy 61,568 BTC over past 30 days

Whales bought the dip. Wallets with 10–10,000 Bitcoin added 61,568 BTC over 30 days as sentiment sat in “extreme fear,” per Santiment and the Fear & Greed Index.

Holdings of these wallets rose by 0.45% in a month, despite geopolitical noise and choppy markets link. Small wallets under 0.01 BTC also added about 213 BTC, a 0.42% rise link.

Price tapped $68.1K today, Santiment noted. Accumulation persisted anyway link.

Santiment called the build-up a “promising sign” for a breakout from the recent range, a pattern it has seen before when large wallets accumulate link.

The Fear & Greed Index printed 10 on Thursday and 13 on Friday, both “extreme fear” readings source. Ongoing Middle East tensions have weighed on risk assets since February.

Headline: Whales add 61,568 BTC as fear index hits 10