Bitcoin Whales Buying, Small Holders Selling

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Bitcoin whales, holding at least one thousand bitcoin, have been leading the buying surge since the price dip to around eighty thousand dollars in late November. Despite the current price hovering near ninety thousand dollars, these whales continue to accumulate, as indicated by Glassnodes Accumulation Trend Score. Smaller holders, however, are selling off, signaling distribution trends and potential capitulation. The super whales, with over ten thousand bitcoin, have recently eased their buying pace but have not started selling, unlike during the bitcoin peak earlier this year. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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