Data: Since March 11, whales have bought over 129,000 BTC, market confidence is strengthening
According to data tracked by blockchain analysis company Glassnode, since March 11th, Bitcoin whales have purchased over 129,000 BTC worth $11.2 billion at an average price of $87,500. This indicates that the confidence of the largest market participants in the leading cryptocurrency is increasing. Analysts believe that dovish comments from the Federal Reserve and optimistic sentiment about Trump's tariffs set to be implemented on April 2nd being more cautious than expected led to BTC's recovery. (CoinDesk)
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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