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Bitcoin Whales Drive Major Market Shift Bitcoinhaber 11 Aug 2024

Bitcoin Whales Drive Major Market Shift 🐋

In a significant move this July, large investors known as 'whales' acquired a total of 84,000 Bitcoins, raising expectations of increased market volatility. This acquisition marked the most substantial monthly increase in Bitcoin purchases since 2014. Analysts believe this could signal a major shift in the cryptocurrency market. The increase in whale activity is considered a crucial indicator for potential market movements. Observers are keenly watching for the potential impact on Bitcoin’s price and the broader market.

Source: en.bitcoinhaber.net ↗

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