19 hours ago

Bitcoin Whale Accumulation Surges: Is It Really Bullish for BTC?

TLDR: Whale accumulation added over 38,000 BTC to long-term holder and OTC settlement wallets recently. Accumulation wallets carry an average realized price near $70,000, above current spot levels. Analysts warn some whale buying may aim to lower entry costs near the $70,000 zone instead. Net Capital Flows divergence echoes the exact pattern seen before Bitcoin’s [...]

The post Bitcoin Whale Accumulation Surges: Is It Really Bullish for BTC? appeared first on Blockonomi.

Source: Blockonomi →