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cryptocurrency
High Activity in Market Rout
Bitcoin whale transactions soared to their highest levels since April during an outsized crypto market rout on August 5 and 6. On-chain data from Santiment reveals wallets with holdings between 10 and 1,000 BTC rapidly accumulated on the price dip. The activity peaked as Bitcoin's price fell below $50,000.
August 8, 2024 06:55 AM
markets
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