Bitcoin Whale Buys $3.3 Billion Worth of BTC in One Week, Impacting Market Stability

A massive Bitcoin purchase by an unidentified whale has sent shockwaves through the cryptocurrency market. This recent acquisition, valued at approximately $3.3 billion, significantly impacted prices, and industry experts are already weighing in on its implications. While the exact identity of this powerful entity remains shrouded in secrecy, it’s widely speculated that institutional investors or large individuals could be behind this massive move. The whale’s actions have stabilized Bitcoin prices above the $110,000 mark while absorbing substantial ETF outflows. Ethereum purchases followed suit, further demonstrating a wider market ripple effect.