Whales Bought 86,702 Bitcoin in Three Weeks and 24,073 Left Exchanges in a Day. Why Hasn't the Price Followed?
5 Articles
5 Articles
Whales Bought 86,702 Bitcoin in Three Weeks and 24,073 Left Exchanges in a Day. Why Hasn't the Price Followed?
Bitcoin whales just scooped up billions in coins while thousands more left exchanges at the fastest pace in months, yet the price keeps sliding. Something in the chain of logic is broken, and the answer reveals a critical blind spot in how most investors read on-chain signals.
CryptoTendence Bitcoin whales bought 86,702 BTC in three weeks. The asset is listed at $83,019 while the big forks absorb the offer. The entry Bitcoin whales maintain accumulation while the price recedes was first published in CryptoTendence.
On-chain data highlights the increasing holdings of large investors in the Bitcoin (BTC) market. According to the shared data, wallets holding between 10 and 10,000 BTC have purchased a total of 86,702 more BTC in the last three weeks. Following this accumulation, the total Bitcoin holdings of this group of wallets reached their highest level since April 23rd. A large amount of BTC […] Source: Bitcoinsistemi.com
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