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Here’s what it means -Breaking

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(BTC(Price) It was difficult to overcome resistance of $40,000The price of BTC is trading at just over $38,000 as of this writing. Whales are now accumulating stablecoins at a time where BTC has fallen 40% from its all-time highs.

Santiment data shows that stablecoin whales have wallets holdings between 10,000 and 10,000,000 (Santiment).USDTIn the last month, ), have amassed more than $1 billion in purchasing power. These whales have a higher buying power than ever before, with an average of 7% increase in one month.

Tether USDT Supply Source: Santiment
Bitcoin Exchange Balance Source: Santiment
BTC vs XSP vs. gold Price Source: Santiment