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Fast Take
Bitcoin is at present down 5% previously 5 days, which has sparked huge volatility and a sell-off from short-term holders.
Nevertheless, Bitcoin whales proceed accumulating Bitcoin at the same time as the costs proceed to lower.
The blue denotes accumulation, which could be seen with whales that maintain 10,000 Bitcoin or extra. On the identical time, all different cohorts are promoting or in a distribution section.
Moreover, provide per whale has elevated to 535 Bitcoin — demonstrating the rise in whale accumulation—the best provide per whale for the reason that FTX crash in This fall 2022.
The put up Defying the sell-off: Bitcoin whales accumulate amid huge market volatility appeared first on CryptoSlate.
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