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Bitcoin (BTCUSD) Soars as Sharks Buy 65,000 BTC, Supply Squeeze Sparks Rally

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Large investors ('sharks') bought 65,000 BTC in one week, raising holdings to 3.65M BTC and driving Bitcoin to $115,000; long-term holder inflows and exchange outflows suggest a supply squeeze that could underpin a major rally despite short-term volatility.
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Stored market data

BTCUSD price history

77787.92 +18.07% over the displayed period

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