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Bitcoin whales load up as BTC stays still at $66k: What’s their strategy?

AMBCrypto LogoAMBCrypto1w ago

Bitcoin whales load up as BTC stays still at $66k: What’s their strategy? - AMBCrypto

Quick Summary:

BTC accumulation by large wallets surged even as prices remained stagnant.

Despite BTC’s price movement remaining relatively stable, the interest in Bitcoin’s ecosystem was declining.

This decline in activity on the Bitcoin network can hurt the price of BTC in the long run.


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Bitcoin whales load up as BTC stays still at $66k: What’s their strategy? - AMBCrypto (Picture 1)Bitcoin whales load up as BTC stays still at $66k: What’s their strategy? - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Himalay Patel

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-17 @ 10:00:42 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 529 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 21280793

View Article Analysis

About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 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: #103

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin whales load up as BTC stays still at $66k: What’s their strategy?" has 529 words across 34 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin whales load up as BTC stays still at $66k: What’s their strategy?" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 14 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #21280793
  • URL: https://beamstart.com/news/bitcoin-whales-load-up-as-17186185189590

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