The Bitcoin Whale Comeback Story May Be Overblown, Onchain Data Shows

Jan 3, 2026 - 19:45
The Bitcoin Whale Comeback Story May Be Overblown, Onchain Data Shows
According to onchain data from CryptoQuant, claims that big holders are massively reaccumulating Bitcoin are exaggerated. The numbers that many share on social media can be distorted by exchange moves, not fresh buying. That distortion matters because large transfers tied to exchanges can look like one entity is piling in, when the action is often...

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