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Whales holding more than 1,000 BTC have accumulated 16,300 Bitcoins in the past 7 days

Whales holding more than 1,000 BTC have accumulated 16,300 Bitcoins in the past 7 days

CointimeCointime2024/04/18 09:52
By:Cointime

Bitcoin is approaching the $60,000 mark, and the largest "whales" who hold at least 0.1% of the supply have not yet started accumulating and even reduced their holdings slightly yesterday. Historically, a large amount of positive flow associated with these addresses precedes positive price fluctuations. However, addresses holding over 1,000 BTC have been buying the dip, increasing their accumulation speed since the drop. These addresses have accumulated 16,300 BTC in the past seven days, worth nearly $1 billion at current prices.

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