Whale Activity Signals Potential Rebound for Bitcoin, Dogecoin, and Cardano
The crypto market is seeing a pullback led by Bitcoin, but whales are driving a potential recovery for Bitcoin, Dogecoin, and Cardano. According to IntoTheBlock, large transactions over $100,000 have surged, with Bitcoin up 78%, Dogecoin 58%, and Cardano 28% in whale activity.
Without a burn mechanism, whale transactions play a key role in price growth. Bitcoin dropped slightly to $66,896, but increased whale interest could trigger a rebound soon. Dogecoin and Cardano also show potential for recovery as whale activity rises.
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