Whales offloaded 140K Bitcoin this month: Glassnode

Cointelegraph

Published Feb 23, 2021 11:42PM ET

Updated Feb 24, 2021 01:20AM ET

According to a new report from crypto market data aggregator, Glassnode, Bitcoin whales offloaded massive amounts of BTC during February.

Glassnode defines any address that holds between 1,000 BTC and 10,000 BTC as a “whale”, while “humpback whales” hold more than 10,000 BTC. The report found that the number of whales increased by more than 14% in the year to Feb. 5, 2021.

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