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ETH, BTC Whales Trigger Massive Transfer Period Despite Market Slowdown, Data Shows

Tags: access and identity management(1)
ETH whales completed 2,956 transactions marking a five-month high on May 11. The same date also reportedly made for the largest single-day transfer of BTC from whale wallets to exchanges. As per Carlos Gomez, the Chief Investment Officer at the Belobaba Crypto Asset Management, “a large accumulation event by whales took place and that could signal that the bottom i...

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