Will Bitcoin’s liquidity and whale activity drive it past 100,000 USD again?

Bitcoin (BTC) is witnessing a resurgence as whale activity increases and liquidity inflows boost market confidence. Notably, the number of addresses holding over 1 BTC has significantly grown, suggesting renewed investor interest following previous selling phases.

Amidst these changes, a substantial amount of BTC is moving from exchanges to private wallets, reflecting a strong belief among MAJOR investors. Furthermore, a prominent stablecoin issuer’s recent minting activity of 250 million USDC suggests heightened demand for stablecoins, likely impacting BTC prices positively.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts