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Bitcoin Whales Increase As Dominance Hits 3-Year High, Potential Short-Term Dip Looms

  • Bitcoin's number of large holders, or "whales," increased during the recent price bottoming at $59K.
  • Bitcoin's dominance in the crypto market surpassed 65%, reaching a 3-year high.
  • Technical indicators suggest a potential short-term dip for Bitcoin before reaching new highs.
  • Bitcoin spot ETFs continue to experience notable inflows, with $274 million in net inflows.

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