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Bitcoin Whales Buying, Retail Selling: Market Bottom Unconfirmed

Published 2 weeks, 3 days ago
Description

Bitcoin whales are accumulating more Bitcoin, a bullish sign as they now hold 68.17% of the total supply. The price has risen 6.3% in the past week, and investors are watching for a shift in retail selling. Despite cautious sentiment and a bearish outlook, US spot Bitcoin ETFs saw a 5-day inflow streak, pulling in $767 million. The market bottom remains unconfirmed, with potential for more downside if retail buying persists.

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