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Bitcoin Whales Accumulate 19,760 BTC, Indicating Potential Price Increase
According to Foresight News, data from IntoTheBlock reveals that Bitcoin whales, those holding more than 0.1% of the total Bitcoin supply, have increased their holdings by 19,760 BTC, at an average price of $62,500. IntoTheBlock suggests that historically, accumulation by these addresses often precedes a rise in the price of Bitcoin.
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