As Bitcoin briefly surpassed the $28,000 mark, whales and long-term holders were quick to accumulate during the weekend volatility. With a noticeable uptick in whale and shark addresses, as well as a surge in long-term holders’ NPL, the market’s reaction is intriguing. However, an unexpected trend in the sell-side risk ratio raises a critical question: what does this mean for Bitcoin’s future and how will it impact the market’s stability? Find out the answer behind the Alpha paywall…
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