DeFi Intel

Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

Bitcoin whales holding 1,000-10,000 BTC have accumulated since late May, adding 48,000 BTC in the last month despite a 17.25% price drop to $66,256. Their total stash now stands at 3.09 million Bitcoins, similar to February levels. The accumulation occurs amid geopolitical headwinds and technical indicators suggesting a favorable risk-to-reward ratio.

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