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Bitcoin Nears $83K Support—Mass Liquidations or Whale-Driven Bounce?
- Bitcoin faced resistance at $89K and liquidation risks at $83K, causing increased market volatility.
- Whale wallets reversed their distribution trend, signaling renewed accumulation of BTC.
- The Blockchain Group acquired 580 BTC for €47.3M, reflecting rising institutional interest.
- Bitcoin's price continued to decline, mirroring the drop in Wall Street amid market uncertainty.
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