Crypto

Bitcoin Whales Are Pulling Back as Activity ‘Mirrors’ 2022 Bear Market: Analysts

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In brief

  • A new CryptoQuant report shows that larger Bitcoin holders are shedding Bitcoin or adding more slowly than usual.
  • The trend “mirrors” that of 2022’s bear market, analysts said, when Bitcoin fell from more than $47,000 to $15,000.
  • As it stands now, Bitcoin is 42% off its all-time high…

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