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Bitcoin Whale Selloff Significantly Outpaces Institutional Buying
Over the last year, major Bitcoin holders, or whales, have sold more than 500,000 Bitcoin, which equates to over $50 billion based on current market prices. In contrast, institutional investors such as ETFs, treasury firms, and other organizations have purchased nearly 900,000 Bitcoin during the same period. These institutions now possess approximately 4.8 million Bitcoin out of the total supply of roughly 20 million coins in circulation.
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AI Analysis
The recent data reveals a noteworthy trend where large Bitcoin holders, often referred to as whales, have aggressively offloaded their holdings, selling more than half a million coins over the span of...
AI Recommendation
Given the recent large-scale selling by whales and steady institutional accumulation, investors might interpret this as a potential transition phase in Bitcoin's market dynamics. Short-term traders sh...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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