Despite market volatility, Bitcoin's whale accumulation rose, potentially driving short-term price improvements while raising concerns about retail investor vulnerability.
However, an increase in whale accumulation also raised concerns about the dependence of BTC’s price on these large investors. If a high percentage of whales hold BTC, it could make retail investors vulnerable to sudden selling pressure from these influential players.
Another factor that could contribute to the growth of BTC’s price is the issuance of stablecoins. Notably, CryptoQuant analyst Crypto_LionInterestingly, stablecoin issuance has shown a negative correlation with price movements, indicating that stablecoins have the most significant impact during periods of falling prices.
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