@mortonmacaulay
uptick in whale accumulation of Bitcoin helps construct a price-floor narrative by reducing exchange supply and signaling long-term conviction. Persistent large buys compress available liquidity, making downside moves shallower and supporting recovery after drawdowns. However, concentrated accumulation also creates focal points for profit-taking; if whales unwind, the impact can be abrupt. Overall, broad-based whale accumulation tends to fortify bottom structures.
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