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Bitcoin Nears $63,000 as Whales Buy 15,400 BTC from Coinbase

Crypto Live News

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

The BTC price rebounded significantly as it neared $63,000 today. Bitcoin whales bought over 15,400 BTC from Coinbase alone in the last 24 hours. This accumulation might have driven its latest recovery. The majority of BTC whales have been accumulating cheaper BTC lately. In a recent X post, Whale Alert highlighted a whale ramping up 7,900 BTC, which accounts for over 50% of the total BTC withdrawn from Coinbase in the last 24 hours. OKX registered a withdrawal of 329 BTC, and Gemini accounted for 108.18 BTC. BTC is currently trading at $63,529.70.

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