menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Wh...
source image

Cryptopotato

2d

read

152

img
dot

Image Credit: Cryptopotato

Bitcoin Whales Are Back: Could BTC Be Poised for a Breakout?

  • The number of Bitcoin wallets with 1,000 to 10,000 BTC reaches the highest level since December 2024.
  • Rise in whale wallets indicates growing confidence from institutional investors and high-net-worth individuals.
  • Short-term holders show signs of distress, with the Short-Term Holder Spent Output Profit Ratio remaining below 1.0 for over two months.
  • Bitwise CIO suggests that now is the best time to buy Bitcoin due to various factors supporting price growth.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app