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How far will whale activity take Bitcoin’s price? Ambcrypto 19 oct. 2024

How far will whale activity take Bitcoin’s price? 🐋

Bitcoin

The recent surge in Bitcoin's whale activity has been notable, with the number of wallets holding between 100 to 1,000 BTC increasing significantly by 268.

Such whale activity is often viewed as a potential driver for price movements due to the large volumes involved. It can impact market dynamics by influencing supply and demand balances.

Investors and analysts are closely monitoring these movements to predict any potential bullish or bearish trends in Bitcoin's future prices.

Source : ambcrypto.com ↗

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