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In recent months, there has been a noticeable uptrend in the accumulation of bitcoin by large holders, also known as “whales.” These whale addresses, holding over 1,000 BTC each, now collectively own more than 40% of the total bitcoin supply. This concentration of ownership signifies a growing confidence and conviction among wealthy investors and institutions
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The cryptocurrency market has been buzzing with the rise of meme coins, and with that, the influx of whale investors who are doubling down on these tokens. One particular whale recently made headlines by massively accumulating Shiba Inu (SHIB) tokens. This whale spent a staggering 4,849 ETH, equivalent to around $18.44 million, to purchase a
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Traders’ positions are reflecting a moderate level of excitement in the market regarding the upcoming launch of spot Ethereum ETFs. While the week may have been relatively uneventful, the expectations surrounding these funds are high. Analysts at K33 Research are predicting that the arrival of Ethereum ETFs could potentially follow a similar explosive path as
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In the midst of a turbulent regulatory environment, Binance Coin, the native token of the world’s largest cryptocurrency exchange, has managed to defy the odds and emerge as a top performer in the market. Despite facing legal battles in multiple jurisdictions, including an ongoing dispute with Nigerian authorities and a hefty settlement deal with the
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Binance, a global blockchain ecosystem and cryptocurrency exchange giant, has recently announced the launch of the inaugural Binance World Championship. With a staggering rewards pool of over $4.2 million, this competition is set to make waves in the world of cryptocurrency. The championship is not just about the prizes, but about celebrating the diverse range
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