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Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount

The post Bitcoin Whales Defy Volatility, Quietly Accumulate BTC at 17% Discount appeared first on Coinpedia Fintech News

Bitcoin (BTC) whales (accounts holding between 1,000 and 10,000 BTC) have been consistently accumulating the cryptocurrency since late May. This period of accumulation began in early May, when prices were around  $80,000, and has continued even as prices declined 17.25% to a current $66,256. Whales load up on Bitcoin despite market swings  Unlike previous months, …