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Bitcoin and its whales: market expectations in an uncertain environment

December, 04 2024

Large bitcoin holders, also known as «whales», continue to hold their positions amid fluctuations in the exchange rate, which remains below the $100,000 mark.Analysts emphasize that a significant influx of bitcoins to exchanges has increased since the election of Donald Trump in the United States on November 5. Traditionally, such large transfers portend a sale, but at the moment this does not lead to immediate sales, which indicates the wait-and-see position of the whales.In bull markets, trade... Read More

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