Bitcoin Whales Add 46,000 BTC but Weak Network Activity Clouds Recovery
Bitcoin (BTC) whales and spot exchange-traded funds (ETFs) are absorbing supply, yet on-chain data shows the wider recovery still lacks depth. Strong accumulation now sits against weak network activity and thinning liquidity, suggesting the market has not yet moved from a fragile bounce to a durable trend. The Accumulation Case Looks Strong CryptoQuant data show The post Bitcoin Whales Add 46,000 BTC but Weak Network Activity Clouds Recovery appeared first on BeInCrypto.
Key Takeaways
- Bitcoin (BTC) whales and spot exchange-traded funds (ETFs) are absorbing supply, yet on-chain data shows the wider recovery still lacks depth.
- Strong accumulation now sits against weak network activity and thinning liquidity, suggesting the market has not yet moved from a fragile bounce to a durable trend.
- The Accumulation Case Looks Strong CryptoQuant data show The post Bitcoin Whales Add 46,000 BTC but Weak Network Activity Clouds Recovery appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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