CryptoQuant has identified potential signs of a local bottom for Bitcoin, indicating a possible market recovery. The analysis points to increased buying pressure from large holders, including those with 100-1,000 BTC and whales holding over 10,000 BTC. However, middle-tier whales with 1,000-10,000 BTC continue to sell, creating mixed signals in the market. The report suggests that a clearer consensus among major investor groups is needed to confirm a sustainable trend reversal. Investors are encouraged to closely monitor whale activity and broader market indicators.
CryptoQuant Spots Potential Bitcoin Bottom Amid Mixed Whale Activity
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