Bitcoin Whales Show Strong Conviction with Holding at $70K

Saturday, 9 March 2024, 08:08
Despite the price of Bitcoin reaching $70,000, large BTC holders, known as whales, are holding onto their positions, leading to a parabolic growth in BTC holdings. This indicates a high level of conviction and long-term bullish sentiment among these major players in the crypto market.
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Bitcoin Whales Show Strong Conviction with Holding at $70K

Bitcoin Whales Holding Strong

Large holders of Bitcoin, known as whales, have maintained their positions despite the price reaching $70,000.

Parabolic Growth in BTC Holdings

The trend in BTC holdings among these whales is showing a fast and exponential increase, pointing towards a strong bullish sentiment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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