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Whales Are Selling, Market Stays Weak

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Whales Are Selling, Market Stays Weak

Right now whales are reducing their Bitcoin holdings, and this is creating a weakeness in the market. This same pattern appeared in past cycles before periods of sideways or falling prices. Until whales start buying again, Bitcoin is likely to stay under pressure. A stronger trend usually returns only after big holders move back into accumulation.

submitted by /u/Prabuddha-Peramuna
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