Bitcoin’s Market Dynamics: Old Whales Selling As Institutions Accumulate
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The Bitcoin market is experiencing notable selling pressure, primarily caused by older, longstanding whale wallets. Recent on-chain data indicates these wallets, particularly those holding Bitcoin for three to five years, have substantially reduced their holdings, influencing the overall market supply.
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2h ago•
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bullish:
0
bearish:
0
bullish:
0
bearish:
0
bullish:
0
bearish:
0