Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high

Whales and sharks are growing their bags, taking advantage of sentiment and dips:

Adam Back, CEO of Blockstream and inventor of Hashcash, noted that since Bitcoin’s price dipped from over $62,000 to around $58,000 on Aug. 28, whales have been on a buying spree.

“Whales back buying 450btc/day every minute all day long, since dip on 28th. Same as Bitcoin mined per day. Go ahead sell them cheap corn,” he said.