101,266 BTC were purchased on Saturday June 18th at a Bitcoin price of $19,176 – a Bitcoin buy of $1.94 billion.
Zooming in on the chart above on the Bit Info Charts website, the value of that Bitcoin purchase as of today the 19th has increased to $1.99 billion now that Bitcoin is trading closer to $19,500.
Whether this is just a short squeeze and a dead cat bounce before further continuation to the downside, will become clearer next week after Monday. This weekend is a long weekend with Monday being a holiday in the US for Juneteenth, so US markets will be closed.
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