Whales accumulate $1.5B in BTC amid market dip
November 28, 2024, 9:23 PM
Whales have capitalized on recent panic selling, adding nearly 16,000 BTC, worth $1.5 billion, to their reserves, according to CryptoQuant contributor Caueconomy. However, this accumulation, primarily by institutional players, has not yet signaled a broader "buy-the-dip" trend. Greater spot buying from both retail and institutions will be needed to push Bitcoin to a new all-time high.
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