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Stay calm: Bitcoin whales are selling, but it’s no ‘sudden exodus’

Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Stay calm: Bitcoin whales are selling, but it’s no ‘sudden exodus’

Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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