Bitcoin Whales Accumulate $5.3B Amid Retail Sell-Off: Bullish Outlook
According to reports, Bitcoin whales and sharks have been accumulating Bitcoin since mid-December, buying into a retail sell-off. Data indicates that these large holders accumulated over $5.3 billion worth of Bitcoin during this period. This accumulation by larger entities while retail traders take profits suggests a potentially bullish outlook for the cryptocurrency, according to market analysts. The activity highlights the ongoing dynamic between different investor classes in the Bitcoin market and its potential impact on price trends.
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