## Bitcoin Whales Dump $50 Billion in BTC Data indicates a significant shift in Bitcoin ownership. According to a report by 10x Research, whales liquidated over 500,000 BTC in the last year, amounting to approximately $50 billion. This selling pressure could have dramatically impacted the market, however... ## Institutions Step In, Accumulating Bitcoin ...institutional investors and spot Bitcoin ETFs stepped in to absorb the whale's selloff. These entities purchased a massive 900,000 BTC during the same timeframe. This buying spree demonstrates strong institutional confidence in Bitcoin's long-term potential. Institutions are now holding a whopping 4.8 million BTC. This absorption of supply is a testament to the growing legitimacy of Bitcoin as an asset class. ```

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