Bitcoin whales go on 'unprecedented' $23B July buying spree — New data

Bitcoin permanent holders boost their balances by 358,000 BTC in a firm commitment to current price levels.

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Bitcoin (BTC) whales are “clearly accumulating” as BTC price continues to trade below all-time highs, says onchain analytics platform CryptoQuant.

In an X post on July 24, CEO Ki Young Ju called the flow of coins to large-volume investors “unprecedented.”

Bitcoin’s “permanent holders” are buying in big at current BTC price levels.

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