On-Chain Data Reveals Bitcoin Whales Aren’t Selling – Investors See Long-Term Potential

Quick Summary:

Bitcoin has faced a few volatile days after its recent attempt to break above the highly anticipated $100,000 level.

Despite the initial excitement, BTC retraced slightly and is now in a consolidation phase following its surge to a new all-time high of $99,800.

Investors are closely watching this price range, as it will likely determine whether BTC can continue its rally toward new highs or face more short-term price corrections.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin Long-Term Holder Bitcoin news Bitcoin BTCUSDT Bitcoin On-Chain Data Bitcoin News Bitcoin data Bitcoin On-Chain Analysis Bitcoin whales Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 09:30:06 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 615 words

Reading Time: 4 minutes read

Sentences: 53 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23967287

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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