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Zycrypto

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Image Credit: Zycrypto

Bitcoin Whale Outflows: Over 17,000 BTC Exit Exchanges in 7 Days

  • Crypto whales have withdrawn over 17,000 BTC from exchanges in the past 7 days, signaling bullish market sentiments and long-term holdings.
  • Bitcoin metrics indicate a surge in trader sentiment and institutional demand, with the possibility of reclaiming the $100k mark in the near future.
  • Binance whales have shown a bullish reaction, leading to a 12.3% price jump in Bitcoin within a week, hitting a yearly open above $93,500.
  • Traders anticipate a massive rally in crypto prices, with BTC trading at $104,586 and Ethereum up 11% to $2,533, while XRP and Solana show positive movement as well.

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