Other large investors also continue to accumulate bitcoin. The total balance of bitcoin whales – or influential large holders – excluding exchanges and mining pools, has continued to expand yearly, growing to 670,000 BTC. Moreover, the growth of holdings stands above its 365-day moving average, a positive sign for prices.
First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
October 18, 2024
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