strong buy
Bitcoin Whales Keep Buying Despite Market Peaks
Crypto whales continue accumulating Bitcoin amid escalating international tensions, according to CryptoQuant analyst Burak Kesmedji. On June 11 alone, HODL wallets received a record 30,784 BTC, valued at $3.3 billion, in a single day.
These addresses are described by the expert as "true diamond hands," never selling, holding at least 10 BTC, and not linked to exchanges.
The total amount of digital gold held by these users has reached 2.91 million BTC.
"Even near historical highs, whales are still buying. If these long-term players are so confident, what does this say about market direction? Or perhaps the real question is: are you accumulating or just watching?" concluded the analyst.
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AI Analysis
Analyzing the current situation, the continued accumulation of Bitcoin by large holders, or "whales," suggests a bullish outlook and strong confidence in the asset's long-term potential. The record in...
AI Recommendation
Given the ongoing accumulation by whales and the strategic importance of their holdings, it could be prudent for investors with a long-term outlook to consider increasing their exposure to Bitcoin. Th...
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.