CryptoBullishNewsBTC · 4h ago7/10
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Bitcoin Whales Bought The $60K Dip As Retail Capitulated – Over 11,000 BTC Leave Exchanges
On-chain analysis reveals that Bitcoin whales aggressively accumulated over 11,400 BTC during the $60K-$61K price bottom while retail investors panicked and sold, subsequently moving these coins to cold storage to remove them from liquid circulation. This wealth transfer from weak to strong hands validates the $60K-$61K range as a genuine institutional support zone, though Bitcoin currently trades below key moving averages with fragile technical structure.
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