Two Bitcoin whales purchased a significant amount of Bitcoin, totaling $142 million, shortly after Donald Trump secured a win in the US elections. This move suggests that there is a rising investor demand and confidence in Bitcoin as an asset.
The acquisition by these substantial investors indicates a positive sentiment towards the cryptocurrency market, particularly buoyed by the outcome of the presidential election.
This acquisition underscores the growing interest and reliance on Bitcoin as an investment vehicle amidst political changes and uncertainties in the traditional markets.
Source: cointelegraph.com ↗