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Unraveling the Mystery Behind Bitcoin (BTC) Whales: Important Observations on Large Cryptocurrency Transactions

May 8, 2024

Before you dive in, make sure you don't miss out on coins like PEPE again! Bitcoin analyst Willy Woo has noticed a notable increase in purchasing activity among wealthy Bitcoin holders, commonly referred to as "whales". Over the past couple of months, these whales have been engaging in an unprecedented buying spree, with Bitcoin prices hovering between $60,000 and $70,000. On-chain data reveals significant insights into their behavior.

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