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Bitcoin Whales Set New Record Holding 670,000 BTC, What’s Next?

  • Bitcoin whales have accumulated 670,000 BTC, marking an all-time high, signaling potential long-term optimism for the market.
  • Whale accumulation phases usually precede major price movements, indicating positive trends for Bitcoin.
  • Despite price fluctuations, whales continue to increase their holdings, highlighting their confidence in the future of Bitcoin.
  • On-chain data suggests that whales are betting on larger future gains, reinforcing positive prospects for the cryptocurrency.

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