Bitcoin ‘OG whales’ sell $286M, but odds of $100K BTC remain high

Bitcoin whales sold $286 million of BTC in January, but a slowdown in the distribution and accelerating bullish momentum could send BTC to $100,000 before the end of the month.

Bitcoin (BTC) onchain data shows BTC whales are active as the price attempts to extend its breakout from the $90,000 level.

Key takeaways

Bitcoin whale spending surged to $286 million, the largest spike since early November.

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