Bitcoin Whale Balances Rebound 21% After Sharp Sell-Off
Recent reports indicate a significant rebound in Bitcoin whale balances, showing a 21% increase after experiencing the fastest sell-off since the end of 2023. This reaccumulation trend among large Bitcoin holders coincides with renewed inflows into spot BTC exchange-traded funds (ETFs). The development suggests a potential shift in market sentiment. Some analysts speculate whether $100,000 will become a new support level for Bitcoin.
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