Bitcoin whales collect BTC as the price is close to maximum records


Bitcoin

The whales, investors that already have more than 10,000 BTC, are buying more than the largest cryptocurrency in a sign of trust in additional rise, even when the price is only a little percent below their historical maximum of around $ 112,000.

Whales have become a mode of aggressive accumulation in recent days, as well as wallets that have 1,000 to 10,000 BTC. The smallest headlines, however, seem to be reducing their exposure, according to the gulassnode trends accumulation score.

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Whales are often considered “intelligent money” because they have a lot at stake. Smaller investors range from BTC U-1 wallets to those between 10 and 100 BTC and have been selling or distributing their holdings in recent months.

The contrast, which occurs when the price of Bitcoin is around $ 109,000 potentially indicates a transfer of coins from retail trade to institutional or high -level investors. The accumulation trend score confirms a strong purchase interest began to build shortly after Bitcoin reached a local minimum about $ 76,000 in mid -April.

That is additional evidence of the accumulation of whales near record price levels could be an upward signal and can be positioned for future growth.



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