Bitcoin Rockets Past $28,000 Again To Hit 6-Week High: What's Going On?

Benzinga – by Mehab Qureshi, Benzinga Staff Writer.

Bitcoin (Crypto: BTC) has witnessed a surge, reaching its highest price in six weeks and catapulting above the $28,000 mark for the first time since Aug. 17.

What Happened: According to data provided by Santiment, an on-chain analytics platform, a significant accumulation of Bitcoin has transpired among 10,000 to 10,000 BTC wallets, totaling a substantial $1.17 billion since Sept. 1.