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A major battle between institutional whales is defining Bitcoin’s price action today. The market first reacted to a massive sell-off from BlackRock’s IBIT Bitcoin Trust. On-chain trackers show IBIT sold over 24,000 BTC, worth $2.75 billion. This institutional selling pushed Bitcoin down to the $104,000 level. In response, a single, mysterious whale purchased $86 million […] Read The Full Article Bitcoin Price Analysis: $86M Whale Buy Meets $2.75B Blackrock Sell-off Today On Coin Edition.
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