CryptoPotato
Bitcoin's 12% God Candle: Did OG Whales Just Kickstart the Next Bull Market?
August 20, 2026•10:49 AM
Bitcoin has just printed a massive 12% "God Candle," signaling a strong upward price movement, while BTC demand in both spot and perpetual futures turned positive for the first time in nearly a year. Evidence suggests that OG whales (original large Bitcoin holders) may be kickstarting the next bull market phase. This significant buying activity from the market's most influential and long-term holders could indicate a potential turning point for Bitcoin after an extended downturn. The positive demand in both spot and perpetual futures strengthens the narrative of a sustainable recovery, potentially heralding a new growth era for the cryptocurrency market.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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