Bitcoin (BTC) Breakout Spurred by Whale Stablecoin Buying Spree, According to Crypto Analytics Firm Santiment

Crypto analytics platform Santiment says that massive whale-buying of Tether (USDT) is helping to fuel Bitcoin’s (BTC) rally. Santiment says key shark and whale addresses have quickly accumulated $2.74 billion of the Tether stablecoin in the past 10 weeks, increasing their digital space buying power by a combined 16%.