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via Cryptonews (EN) · By Cryptonews Editorial
Mid-Sized Bitcoin Wallets Add 113,950 Bitcoin as Price Rally Nears Test
BTC
BTC/USDT
$84,247.10
-0.07%
$84,247.10
-0.07%
(24s)24h Volume
$15,178,002,687.48
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.2%
Long: 58.2%Short: 41.8%
Funding Rate
+0.0001%
Longs pay
Data provided by COINOTAG DATALive data
CE
Cryptonews Editorial(08:11 AM UTC)
1 min read
Wallets holding between 100 and 1,000 BTC have added 113,950 Bitcoin since July 15, lifting their combined holdings 2.22% to 5.24 million BTC, according to Santiment. The accumulation run coincides with Bitcoin price briefly tapping $87,000 earlier this week before retracing and stabilizing near $84,000.
Is this durable demand building a base for a breakout, or is it a squeeze-driven bounce that…
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