3 hours ago

Bitcoin ‘sharks’ add 65K BTC in a week in key demand rebound

Bitcoin is a “buy” again for some investor cohorts, with sharks standing out after a week-long BTC buying spree, CryptoQuant reports.

Key points:

Bitcoin “shark” wallets have started buying the dip, adding 65,000 BTC to their holdings in just seven days.

Short-term holders also cross a milestone, with the profit ratio of coins moving onchain flipping positive.

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Source: Cointelegraph →