Bitcoin Whale Buys Big as Price Struggles at 200 EMA, Bullish Signal or What?

Quick Summary:

With this recent purchase, the whale’s BTC holding increased to 8,881 coins worth $523 million.

This shows that it is an ideal buying level for investors.

In addition to the recent accumulation, whales and sharks have purchased over 133.3K BTC from retail investors who sold in a panic over the past few weeks, as reported by CoinPedia on August 29, 2024.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Bitcoin News Crypto news Price Analysis Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 13:52:32 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22348849

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 25 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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