Bitcoin Old Guard Paves Way for New Whales As Prices Surge Over $70K

The market activity of Bitcoin has drawn attention as the changes in ownership patterns have become evident. On-chain data reveals that old established Bitcoin holders, known as ‘old whales,’ are transferring their Bitcoins to new institutional investors, implying a shift in market dynamics. Notably, this movement of Bitcoin is happening between these large-scale holders, known […] source: https://coinedition.com/bitcoin-old-guard-paves-way-for-new-whales-as-prices-surge-over-70k/