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Crypto & Bitcoin

Bitcoin Price Signals Recovery as Dormant Whale Buys $228M

Reported by Athulyamol VS, TronWeekly

Image: TronWeekly

Bitcoin price remains under pressure amid the latest market downturn, even as a long-dormant whale wallet has reportedly resumed buying BTC. The large-scale accumulation has drawn attention to the confidence of major holders and whether their activity signals a shift in market sentiment. As of press time, Bitcoin price is trading at $75,368.40, a decline of 0.95% over the last 24 hours. The reported accumulation occurs as spot Bitcoin ETFs post significant outflows and technical indicators point to fading momentum.

This is an excerpt. The reporting belongs to TronWeekly.

Read the full report on tronweekly.com
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