Bitcoin Accumulation Weakens as BTC Realized Losses Hit $600M
Bitcoin (BTC) has dropped nearly 7% from its local peak of $82,800, as several groups of wallet holders switched from accumulation to distribution. Data suggests that this distribution, combined with increasing realized losses, points to a potential shift in momentum. Key takeaways: Whale absorption of newly mined BTC supply drops to all-time lows below -150%....
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