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Bitcoin Whales Go on Buying Spree as 28,000 BTC Accumulated

Summary by ZyCrypto
According to a recent report by crypto analytics firm CryptoQuant, more than 28,000 BTC ($2.6 billion) were accumulated by big players in the crypto market. According to the CQ, these accumulated addresses consist of Over-the-Counter (OTC) trading desks, major institutional investors, and long-term HOLDers. The move is bullish for the premier digital currency as these wallet addresses aren’t associated with spot cryptocurrency exchange accounts …
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Crypto Venture NewsCrypto Venture News

Bitcoin Whales Holdings 2021: Is There A Growth Expected?

There is a substantial growth in the Bitcoin whale holdings and accumulation according to a report published by a digital currency exchange.

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ZyCryptoZyCrypto

Bitcoin Whales Go on Buying Spree as 28,000 BTC Accumulated

According to a recent report by crypto analytics firm CryptoQuant, more than 28,000 BTC ($2.6 billion) were accumulated by big players in the crypto market. According to the CQ, these accumulated addresses consist of Over-the-Counter (OTC) trading desks, major institutional investors, and long-term HOLDers. The move is bullish for the premier digital currency as these wallet addresses aren’t associated with spot cryptocurrency exchange accounts …

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cryptocrunchapp.comcryptocrunchapp.com

LATEST: Over 28K Bitcoin Shifts to Accumulation Addresses for Long-term Storage

Whale investors are demonstrating their confidence in Bitcoin’s long-term value as over 28,000 BTC have recently been transferred into accumulation addresses. This significant movement associated with over-the-counter deals indicates a strategic positioning for expected market growth and stability. The activity is seen as a bullish signal by market analysts who track cryptocurrency trends and investor behaviors closely. The inflow of such a larg…

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Coin EditionCoin Edition

Bitcoin Whales Go On a Buying Spree: 28,000 BTC Moved Into ‘Accumulation’

Over 28,000 BTC has been moved into accumulation addresses These addresses are typically associated with over-the-counter (OTC) trading desks, institutional investors, and long-term holders Accumulation addresses are generally not associated with exchanges, indicating that these coins are likely being removed from the market for long-term holding rather than being positioned for immediate sale CryptoQuant, a blockchain analytics firm, just repor…

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Coin Edition broke the news in on Tuesday, February 18, 2025.
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