MicroStrategy Founder and Chairman Michael Saylor took to Twitter this morning to announce that $MSTR picked up another 2,500 more Bitcoin to bring MSTR’s total to 132,500. 🪙
MicroStrategy has increased its #Bitcoin Holdings by ~2,500 #BTC. As of 12/27/22 @MicroStrategy holds ~132,500 bitcoin acquired for ~$4.03 billion at an average price of ~$30,397 per bitcoin. $MSTRhttps://t.co/lcMeULcGQk
— Michael Saylor⚡️ (@saylor) December 28, 2022
Whales and large wallets, in general, show continued accumulation in Bitcoin and other altcoins.
On-chain analysis platform IntoTheBlock shows that outflows from exchanges (considered bullish for Bitcoin by analysts) continue to be consistent and stronger than inflows.
The biggest outflow of Bitcoin from exchanges in 2022 was on November 28, when 152,400 Bitcoin left the exchanges. The net flows for November 28 were 129,080 Bitcoin – a roughly 4.5:1 outflow vs. inflow ratio. 👏