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Whales’ Record Bitcoin Purchases Could Indicate Price Surge

Large investors, or “whales,” are purchasing Bitcoin at record levels, acquiring triple the daily production. Significant outflows from exchanges signal confidence among holders. Current price resistance tests may foreshadow a potential price surge after a recent market correction following a peak near $100,000.

Recent data shows that large investors, known as “whales,” are acquiring Bitcoin at unprecedented rates, potentially indicating a forthcoming price surge. These whales are purchasing approximately three times the amount of Bitcoin produced daily by miners, coinciding with critical price levels in the market. This increased acquisition may foretell significant movements in Bitcoin’s price trajectory as current holders retain optimism regarding its long-term value.

Marcus Collins is a prominent investigative journalist who has spent the last 15 years uncovering corruption and social injustices. Raised in Atlanta, he attended Morehouse College, where he cultivated his passion for storytelling and advocacy. His work has appeared in leading publications and has led to significant policy changes. Known for his tenacity and deep ethical standards, Marcus continues to inspire upcoming journalists through workshops and mentorship programs across the country.

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