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Bitcoin News

Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.

Bitcoin Whale Comeback Overblown Onchain Data

Bitcoin Whale Accumulation Claims Overstated Due to Exchange Consolidation Onchain data reveals that claims of massive Bitcoin whale accumulation are exaggerated due to exchange consolidation. Exchange firms often merge funds from small accounts into large wallets, inflating the number of perceived whales. True large holder balances are declining, aligning with outflows from spot ETFs. Long-term… Read More »Bitcoin Whale Comeback Overblown Onchain Data