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Whales may have helped Bitcoin stay afloat this month
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Even though October proved to be a very beneficial month for Bitcoin, the last week didn’t turn out to be fruitful for the king coin. On 21 October, a new all-time high was marked. The price went up by 50.54% and investors made huge profits except for the last week. However, a certain section of investors benefitted massively throughout the month.
Well, there was a 7% decline that occurred in the last 10 days. The market seemed to be in a good condition this month. Given this fact, the most pertinent question appears to be- How did the market perform well?
Although the how can’t be precisely answered, however, we do know who kept this rally going – whales.
Addresses with a balance of more than 100 BTC, saw a strong rise this month. Up by
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