๐ Bitcoin Whales Accelerate Accumulation Amid Market Pressures ๐
CryptoQuant analysts reveal that Bitcoin whales and long-term holders are aggressively accumulating BTC, increasing holdings by 6.3% monthly. Despite a market decline and BTC trading over 21% below its March peak of $73,373, institutional investors are capitalizing on lower prices. Recent events, including large BTC movements by German and U.S. authorities to exchanges like Coinbase and Kraken, alongside Mt. Gox's customer repayments after a decade, have influenced market dynamics. Stay informed on how whale activity is shaping BTC's resilience amidst current challenges.
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