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Bitcoin Whales Stir the Waters—170K BTC Transfer Hints at Big Price Action

  • Bitcoin short-term holders transacted 170,000 Bitcoin, indicating potential price fluctuations.
  • Exchange reserves are at a multi-year low of 2.4 million BTC, suggesting a shift towards self-custody.
  • Bitcoin's active addresses remain relatively high, indicating continuous user engagement.
  • BTC futures open interest is at $60 billion, suggesting a potential large price move in the future.

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