Bitcoin On-Chain Analysis Shows Whales Are Buying—But So Is 'Hot Money'
Bitcoin whales added 60,000 BTC during August’s rally as smaller holders sold, but shifting cost-basis trends and “hot money” flows raise questions about the durability of the rebound.
Big bitcoin owners are buying while smaller investors are selling, which sometimes means confidence, but quick-trading money is also jumping in, making it unclear if this rally will last.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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