Sentiment: Unknown
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Bitcoin touches $28,000 as whales, long-term holders ramp up accumulation
By Andjela Radmilac at 2025-03-16 21:10
Sentiment: Unknown
As Bitcoin briefly surpassed the $28,000 mark, whales and long-term holders were quick to accumulate during the weekend volatility. With a noticeable uptick in whale and shark addresses, as well as a surge in long-term holders' NPL, the market's reaction is intriguing. However, an unexpected trend in the sell-side risk ratio raises a critical question: what does this mean for Bitcoin's future and how will it impact the market's stability? Find out the answer behind the Alpha paywall... The post Bitcoin touches $28,000 as whales, long-term holders ramp up accumulation appeared first on CryptoSlate. Continue reading...
Categories: Alpha
Tags: #Alpha #Research #accumulation #long-term holders #sharks #whales
Source CryptoSlate