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Whale-led transfers exceeding 3,900 BTC and a 140% volume surge pushed Bitcoin above $110,000 to ~$113,856, driving a 4% daily gain amid heightened on-chain activity and institutional positioning.
A crypto author reported a whale bought roughly $171 million of Bitcoin, signaling notable buying interest that could support BTC prices in the near term.
Massive on-chain withdrawals of 79,000 BTC (~$8.87B) and bullish social commentary supported a recent rally from $109k to above $112k, though BTC pulled back to $110,800 in the last 24 hours.