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Watch: Who Is the Whale(s) Buying Up $1.6B Bitcoin in 5 Minutes? (youtube.com)
Bitcoin, the world's largest cryptocurrency, surged past $54,000 to the highest in almost five months as bullishness returns to the market following the prior months' slump. CryptoQuant reports there was one purchase of $1.6 billion worth of BTC via market orders in just five minutes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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    Francisco Gimeno - BC Analyst Another cycle with BTC going up, and Whales acting using huge amounts of money to get more BTC. Who are they? Institutions, the old whales from the beginning of BTC? It's difficult to tell. One can imagine that a whale has access to data that the rest of the mortals find difficult to get. So i't interesting and eye opening that this is happening. October is going to be a very interesting crypto month.