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Image Credit: Cryptopotato

Bitcoin Whales Signal Confidence as Net Inflows Remain Positive

  • Bitcoin whale accumulation has slowed down, but the weekly net flows remain positive for nearly four months.
  • Positive net flows suggest potential buying pressure, while negative net flows indicate BTC flowing out of these entities.
  • Whales experienced weekly net inflows of 27K BTC in June, 19K BTC in July, 18K BTC in August, and 9K BTC in September.
  • This sustained positive net flow indicates bullish sentiment among Bitcoin whales regarding the future market value of the digital asset.

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