Bitcoin Whales Place Strong Bids at $71,000, Price Scenarios to Watch

Bitcoin BTC BTC - $71372.042 might experience price volatility soon given the activities of whales in the ecosystem. As per a new update by on-chain data platform CoinGlass, Bitcoin's perpetual futures order book reveals that whales have placed a large buy order around $70,000 and $71,000.

Source: u.today

Related symbols: BTCUSD

2026-03-05 13:27:01 GMT.

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Price & Market Data

Price: $71372.042

Volume 24h: $59,656,027,290.46

Market Cap: $1,427,314,374,977.10

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,998,093. The last known price of Bitcoin is 72,508.60415809 USD and is up 0.94 over the last 24 hours. It is currently trading on 12571 active market(s) with $67,479,280,709.75 traded over the last 24 hours. More information can be found at https://bitcoin.org/.