Cryptocurrency markets experienced a long bearish cycle last year which has continued into 2019. With some of the top cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) losing significant fiat value, large holders, otherwise known as ‘whales,’ have been able to accumulate massive amounts of digital assets. According to the top 100 rich list addresses for both coins, the world’s richest bitcoin holders have taken full advantage of ‘weak hands’ and discounted prices.
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Large BTC Holders Gathered 150,000 Coins Since December 17, 2018
During the start of the weekend on Feb. 22, popular cryptocurrencies were coasting along after making some decent gains a few days prior. However, on Feb. 24 prices fell sharply and most coins lost 10…