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Ancient Bitcoin Whales Are Still Asleep; Here’s Why It Matters

  • Crypto pundit Ki Young Ju observes that ancient Bitcoin whales are still dormant, having not moved their coins for over seven years.
  • Market data shows no significant BTC deposits from ancient whales, indicating their continued dormancy.
  • New Bitcoin whales have pumped $108 billion into the market this year, surpassing the activity of ancient whales.
  • Bitcoin bulls are attempting a recovery, with the global market cap experiencing a decline but still trading at $2.13 trillion.

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