CryptoQuant CEO Ju shared his observations on the evolving sentiment surrounding whale Bitcoin accumulation. The frequent large buys no longer send shockwaves through the market, reflecting a shift in investor behavior.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available., a crypto analyst, CEO and founder of the CryptoQuant on-chain data platform CryptoQuant, has commented on recent whale transactions spotted on the X social media platform (formerly known as Twitter). Whales have been buying tons of Bitcoin. At the time of this writing, Bitcoin is trading at $95,772 after dropping by 3.6% over the last 24 hours. This is a sharp reversal after the Christmas rally witnessed on Dec. 25, when Bitcoin briefly surged to $99,000. Ju tweeted that the crypto community's attitude toward whales accumulating large amounts of Bitcoin has become cooler now that these regular purchases have stopped having any significance; it “has become common that it’s now daily chatter,” unlike 2-3 years ago, when they would send shockwaves through the market and make breaking news.2,884,590,622,344 SHIB Stun One of Turkey’s Biggest Exchanges – What’s Happening? Shiba Inu (SHIB): This Price Move Not Enough, Solana (SOL) Gets 13% Back: Only Beginning? Ethereum (ETH) Massive Price Drive to Begin Here? He believes that this change in sentiment reflects the fact that retail investors are keeping away from Bitcoin and have left market domination to whales. Just 2–3 years ago, news of whales accumulating would send shockwaves through the market. Today, it’s no longer breaking news—it’s just expected, routine information
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