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Bitcoin Whales Move Big as Exchange Ratio Hits 0.7

Published by
Sohrab Khawas

Major Bitcoin ($BTC) investors, known as whales, are moving large amounts of BTC to exchanges, causing the Exchange Whale Ratio to jump to 0.7. This trend often signals that big players may be taking profits or preparing for possible price swings. Despite this shift, long-term Bitcoin holders still keep control of 67% of the total supply, suggesting whales are repositioning rather than panicking. Strong bullish support remains at $115,000, indicating continued market confidence.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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