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Massive Whale Activity Detected on Binance as Bitcoin Tests New Highs

  • Bitcoin's momentum has led to a new all-time high of over $111,000, although it has slightly retraced to $108,499 currently.
  • Increased on-chain signals suggest large players are re-entering the market despite the short-term price decline.
  • Analysts are closely monitoring whale activity on exchanges like Binance, with a surge in whale movement indicating potential upcoming volatility.
  • Positive shift in spot market behavior, particularly the dominance of market buy orders, suggests renewed buyer interest in Bitcoin, signaling a potentially bullish trend ahead.

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