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BTC price tops 10-day highs as Bitcoin whale demand sees 'huge spike'

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cointelegraph.com

Bitcoin (BTC) made the most of weekend volatility on June 26 as a squeeze saw BTC/USD reach its highest in over a week.Data from Cointelegraph Markets Pro and TradingView followed the largest cryptocurrency as it hit $21,868 on Bitstamp.Just hours from the weekly close, a reversal then set in under $21,500, Bitcoin still in line to seal its first "green" weekly candle since May.The event followed warnings that volatile conditions both up and down could return during low-liquidity weekend trading.

On-chain data nonetheless fixed what appeared to be buying by Bitcoin's largest-volume investor cohort prior to the uptick."Unusual whale activity detected in Bitcoin," popular analytics resource Game of Trades observed.

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