Bitcoin accumulation trends strengthen as realized losses near $5.8B
Bitcoin whales are accumulating at a record pace amid almost $5.8 billion in capitulation losses, signaling a potential bullish reversal.
Bitcoin (BTC) has dropped 10% over the last 30 days, as several groups of wallet holders switched from distribution to accumulation.
Data suggests that this accumulation, coupled with record realized losses, points to a potential shift in momentum.
Key takeaways:
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