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Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply
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Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week.
As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days.
A familiar event but with curious timing — large-volume holders are "dumping" BTC on the market, but at or near April's all-time highs.
Despite seemingly unanimous consensus among traders and analysts that the bull run is far from over,
Read more on cointelegraph.comAbout this in other media
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