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Bitcoin price slide imminent? Whales sell 147,000 BTC

Large Bitcoin investors, also known as whales, have transferred unusually large amounts of BTC in recent weeks. On-chain data from CryptoQuant shows net outflows of around $16.5 billion. This equates to approximately 2.7 percent of total whale holdings. CryptoQuant chief analyst…

Michael Saylor expects “strong Bitcoin rise” soon

According to Michael Saylor, current demand from institutional investors is increasingly absorbing the available Bitcoin supply. He believes that Bitcoin spot ETFs and treasury firms are buying more BTC than miners are producing in the same period – a circumstance that,…

Strategy loses $4 million after Bitcoin purchase

Bitcoin treasury firm Strategy has acquired 850 BTC for nearly $100 million. The average price is just under $117,344, according to a press release published today, September 22. However, because the Bitcoin price has recently fallen significantly, Strategy has already incurred…