Bitcoin Exchange Withdrawals Suggests Whales Are Accumulating
Bitcoin exchange withdrawals and deposits can often be a way to gauge how investors are looking at a digital asset. This is why there are often products that track the movement of bitcoin in and out of exchanges. One of these is WhaleAlerts, a bot that tracks large transactions across various blockchains and recently, a number of large transactions have shown whales may be accumulating. Bitcoin Whales Go Hard On Friday, WhaleAlerts noted a number of large transactions that were being carried out on the Coinbase platform. These transactions consisted of hundreds of millions of dollars worth....
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