Bitcoin Whale Buying Claims Overstated, Onchain Data Shows
CryptoQuant data shows Bitcoin whales are not aggressively buying, with declining balances and Bitcoin trading slightly above $90,000. Speculation that Bitcoin whales are actively reaccumulating Bitcoin has been overstated, according to recent onchain data from CryptoQuant. Analysts point out that the market structure has not materially changed despite viral reports of big buys. Furthermore, public...
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