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Quick Take Amidst the accelerated pace of GBTC outflows contributing to downward pressure on Bitcoin’s price, two divergent behavioral patterns are becoming evident among older cohorts. Data demonstrates a growing preference among more oversized Bitcoin holders or ‘whales’ to accumulate more Bitcoins, while smaller cohorts appear to be more inclined towards selling. Specifically, holders identified […]
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Whales dive deeper into Bitcoin as smaller holders retreat amid ETF pressures
