📣 Crypto Whales Continue to Amass Bitcoin
postedΒ 15 Oct 2023
In the past 24 hours, we've witnessed a surge in large crypto wallets holding 100 to 1,000 BTC, with 16 new wallets joining this league.
This increase aligns with a decline in smaller holders, hinting at a consolidation by major market participants. This movement bolsters a positive market sentiment.
However, users should temper their expectations. This shift might suggest that these key players are acquiring Bitcoin for long-term holding rather than immediate profit.
This increase aligns with a decline in smaller holders, hinting at a consolidation by major market participants. This movement bolsters a positive market sentiment.
However, users should temper their expectations. This shift might suggest that these key players are acquiring Bitcoin for long-term holding rather than immediate profit.
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