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Bitcoin Whales Flood Binance: 2-Year Peak in Inflows Signals Potential Market Shift
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Bitcoin Whales Flood Binance: 2-Year Peak in Inflows Signals Potential Market Shift
Large Bitcoin holders, colloquially known as ‘whales,’ have significantly increased their transfers to the Binance exchange, reaching a two-year high in recent days. This surge in inflows is sparking considerable debate among market analysts regarding its potential implications for Bitcoin’s immediate price trajectory. Historically, substantial movements of Bitcoin onto exchanges can signal a potential increase in selling pressure, as these hold…
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