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As Bitcoin rebounded to $50,000 this week, data showed that Bitcoin "whales" are returning to the market.

Bitcoin Reddit

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According to the latest data from the blockchain company Chainalysis, since the end of June, the purchases of “whales” holding bitcoins worth about 50 million U.S. dollars or more have been increasing. With Bitcoin rallying above $50,000 this week, this bullish sentiment may continue until the end of August.

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