Markets· ★★★· bullish· October 17, 23:32

CryptoQuant: Whale Bitcoin Reserves Climb to Nearly 3M BTC Since Late August

—Whale reserves rose from 2.94M to nearly 3M BTC
—The increase of about 60,000 BTC equals 2% since late August
—Accumulation proceeded in waves rather than a straight line

Why it matters: Heavier accumulation by large holders reduces free float and could support BTC prices amid ETF outflows.

Source: BitExpert

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