May 17, 2025

Bitcoin Whales Increase As Dominance Hits 3-Year High, Potential Short-Term Dip Looms

1 min read

Bitcoin’s number of large holders, or “whales,” saw a significant rise as the cryptocurrency’s price bottomed around $59K on October 10th. Between October 10th and 13th, the network added 268 wallets holding between 100-1,000 BTC. This surge in whale activity likely played a role in the current bull rally. 🐳

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Source: NullTx

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