Donald Trump, who is close to victory in the US presidential election, mobilized Bitcoin whales.
Known for his positive attitude towards Bitcoin Donald Trump, widened the gap in the US presidential election. According to decentralized prediction platform Polymarket, Donald Trump has 99 percent of the votes and Kamala Harris has 1 percent of the votes. These developments put Bitcoin on the offensive. Reaching $75,400 in a short time BTC, the summit was renewed. With the increasing demand for Bitcoin, whales have become active.
Appetite for Bitcoin is increasing
According to crypto analysis platform Lookonchain, 11 crypto wallets, BinanceWithdrew 1,806 BTC ($132 million) from . Trump’s step-by-step approach to victory seems to have increased the appetite of Bitcoin whales. Withdrawing BTC from crypto exchanges usually signals bullishness. Whales and corporates prepare for the bull season by transferring their BTCs to cold wallets. Considering the recent rise in the crypto market, we can say that whales give hope for the long term.
