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WHALES BUY — BUT THE MARKET STILL ISN’T CONVINCED
Bitcoin’s biggest holders just made their largest purchases since November, buying about 53,000 coins and helping stabilize prices after weeks of selling. Still, demand remains narrow, raising doubts about a real recovery.
Bitcoin is roughly 40% below its October peak, while ETF investors sit on losses and corporate buyers have slowed down. Without broader participation, this move looks more like damage control than renewed conviction.
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