Bitcoin whales accumulated positions near $63,000 to $64,000, with a newly created wallet receiving 1,346 BTC worth $87.28 million. The Whale Buying Activity indicator recorded net buying for five consecutive days, while the Exchange Whale Ratio declined from 0.4 to 0.36. Despite this support, Exchange Netflow remained positive at 498 BTC, indicating potential selling pressure. Bitcoin traded around $64,903 at press time, still within a broader descending channel.
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