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Bitcoin (BTC) Welcomes $100 Billion Wave From New Mega Whales

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New Bitcoin whales have injected approximately $100 billion into market

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The $100 billion inflow represents a larger trend of accumulation, which saw $1 billion added daily to new whale wallets.In a May 31 X post, CryptoQuant founder Ki Young Ju drew parallels between the current market activity and the patterns observed in mid-2020. Back then, a similar phase of whale accumulation preceded a bull run that saw Bitcoin's price reach $69,000 in 2021.

 

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