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Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data

Several factors point towards continued downside, but bitcoin whales continue to accumulate at the fastest rate in more than a year.

Updated Jul 10, 2024, 2:27 p.m. Published Jul 10, 2024, 2:27 p.m.
Bitcoin P&L index (CryptoQuant)
Bitcoin P&L index (CryptoQuant)