Analysis: Bitcoin "sharks" have started buying the dip, accumulating over 65,000 BTC in the past 7 days
ChainCatcher reported that the on-chain analytics platform CryptoQuant has released recent research showing that Bitcoin "sharks" are buying the dip. The community typically refers to Bitcoin wallets holding between 100 BTC and 1,000 BTC as "sharks." Data shows that in the past week, shark addresses have increased by more than 65,000 BTC, bringing their total holdings to a record 3.65 million Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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