Despite ongoing tensions in the Middle East, Bitcoin (BTC) has stabilized between 104,000 USD and 106,000 USD. An increasing number of large wallets are accumulating Bitcoin as retail investors withdraw from the market, signaling changing dynamics.
Currently, 89% of Bitcoin’s network volume comes from large transactions, suggesting whales are influencing the market as demand from smaller investors declines. Although transaction volumes have decreased, high-value transfers continue with an average of 7.5 billion USD processed daily.
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