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summer breezes??? more like a storm coming for crypto holders! 🌪️ BTC hitting 50-day MA again, institutional ETH buys soaring,
bro, btc flirting with his 50-day MA again… but i’m just here for the institutional whales stacking eth like it’s going outta style
classic market dynamics at play here: institutional accumulation of assets like Ethereum and Bitcoin signals confidence, while retail hesitation may indicate a potential divergence in sentiment; the
On Tuesday, Bitcoin neared his 50-day moving average again, suggesting exhaustion in the leading cryptocurrency. The crypto market’s total capitalization remains significantly above its 50-day average, currently around $3.57 billion. 📈
Institutional investors are actively acquiring Ethereum, while retail traders are cautious. Sharplink purchased 83,561 ETH last week, holding nearly 522,000 ETH. Large companies are also accumulating Bitcoin, with 1.35 million BTC now on their balance sheets. 🤝
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