Bitcoin whale holdings hit five-month high: Is BTC headed to $80K next?

Bitcoin whale holdings hit five-month high: Is BTC headed to $80K next?
Source CoinTelegraph ↗

This article is sourced from CoinTelegraph, an external Bitcoin news publisher. The BTC Media aggregates content from trusted industry sources to keep you informed.

00:00 / 00:00

Bitcoin accumulation by whales and institutional investors is reducing the available supply of BTC and potentially setting the stage for a rally above $80,000.

Related Articles

Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows

Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows

Read more →
JST Buyback & Burn Upgrade: GasFree Revenue and $20.34M Surplus Injected as JUST’s Ecosystem Trio Solidifies JST Token Value

JST Buyback & Burn Upgrade: GasFree Revenue and $20.34M Surplus Injected as JUST’s Ecosystem Trio Solidifies JST Token Value

Read more →
Bitdeer Reports 1,355 Bitcoin Mined In September While Building AI Capacity

Bitdeer Reports 1,355 Bitcoin Mined In September While Building AI Capacity

Read more →
NIP Group Signs Bitcoin Miner Purchase To Add 4.47 Exahash Of Capacity

NIP Group Signs Bitcoin Miner Purchase To Add 4.47 Exahash Of Capacity

Read more →
Bitwise Dogecoin ETF Reaches Scheduled Liquidation As Holders Face Cash Redemption

Bitwise Dogecoin ETF Reaches Scheduled Liquidation As Holders Face Cash Redemption

Read more →
Blockstream Launches Institutional Consulting Services, Opens Lugano Office

Blockstream Launches Institutional Consulting Services, Opens Lugano Office

Read more →
NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

Read more →
Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law

Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law

Read more →
Bitcoin Core Ends Long Embargoes for Bugs AI Can Rediscover

Bitcoin Core Ends Long Embargoes for Bugs AI Can Rediscover

Read more →
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike

Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike

Read more →