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Bitcoin Whales Scoop Up 66,700 BTC as Mid-Tier Holders Exit in Mass

July 20, 202604:40 AM
Bitcoin Whales Scoop Up 66,700 BTC as Mid-Tier Holders Exit in Mass

A massive wealth transfer is reshaping the Bitcoin landscape. While Bitcoin whales have aggressively accumulated 66,700 BTC over the last 60 days, mid-tier holders are fleeing the market, offloading a staggering 77,800 BTC.

This strategic shift highlights a consolidation of supply into 'strong hands,' fueled by declining exchange reserves and the resurgence of spot ETF inflows. As retail-sized holders exit, the tightening supply suggests a significant structural shift in market dynamics.

Bitcoin whale wallets have accumulated 66,700 BTC over a 60-day window, even as mid-tier holders exited the market by selling 77,800 BTC. This redistribution is occurring alongside a notable decline in exchange reserves and a return of spot ETF inflows, signaling a tightening supply as institutional and high-net-worth players absorb available liquidity.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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