Bitcoin Whales Signal Market Movement with Strategic Actions
2025-07-06 06:15:50
Main Idea
Bitcoin is experiencing significant whale activity, with an increase in addresses holding over $10 million in BTC, signaling potential market movement and a bullish outlook.
Key Points
1. Bitcoin's price tested above $110,000 before retreating to around $108,000.
2. Addresses holding over $10 million in Bitcoin (mega whales) increased by 4.23%, indicating long-term accumulation.
3. Whale accumulation often precedes substantial market rallies, suggesting a medium-term bullish outlook.
4. A potential breakthrough beyond $110,000 could target the $120,000 level, supported by decreased sell orders and ETF inflows.
5. Despite short-term volatility, the bullish scenario remains feasible even if Bitcoin dips below $100,000.
Description
Bitcoin sees a quiet yet notable increase in "mega whale" holdings. This whale accumulation could precede a significant rally in the market. Continue Reading: Bitcoin Whales Signal Market Movement with Strategic Actions The post Bitcoin Whales Signal Market Movement with Strategic Actions appeared first on COINTURK NEWS .
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