Whales Take the Wheel: Bitcoin Price Stabilizes Amidst Mt. Gox Transfers!

Despite recent transfers of over 13,000 BTC from Mt. Gox, Bitcoin's price remains steady, indicating a negligible impact on the market. Whales continue to accumulate tokens, with wallets holding 100-1000 BTC adding 94.7K tokens in 6 weeks. New investors, however, are panic-selling, contributing to selling pressure. With short-term holders at a loss, the market appears stable, setting the stage for a potential healthy rise above $65,000.#BitcoinWhales #BTCPriceStable #MtGoxTransfers #WhaleAccumulation #BTC