Analysis: Whales have recently increased their BTC holdings to support the price, but the risk of a market demand gap remains
According to ChainCatcher, market data shows that bitcoin whales have accumulated approximately 53,000 bitcoins since last year, which has provided some support for the price. However, overall market demand remains relatively concentrated, raising doubts about whether the market has truly entered a recovery phase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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