Fish food? Data shows retail investors are buying Bitcoin, whales are selling -Breaking
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© Reuters. (BTCAfter the devastating loss, ), made a remarkable recovery. Dropping to $42,333 for its 3-month lowest of $42,333December 4, and as high as $51,000 in the following years.
The BTC Price RetracementIncreased buying activity by addresses holding less than 1 BTC is the primary reason why this phenomenon occurred. Ecoinometrics data revealed that Bitcoin wallets with balances between 1000 BTC and 10,000 BTC didn’t support the uptrend.
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