Gold Hits Record as Bitcoin Slides, But Whales Keep Buying
Portfolio Pulse from
Gold reached an all-time high of $3,060, driven by concerns about the U.S. dollar and inflation. Bitcoin is experiencing a short-term dip, trading at $86,414, but large investors (whales) are accumulating significant amounts, purchasing nearly 129,000 BTC valued at $11.2 billion since March 11.
March 28, 2025 | 10:15 am
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Bitcoin is experiencing a short-term decline, but large investors continue to accumulate, indicating potential long-term bullish sentiment.
While Bitcoin is currently experiencing a short-term price decline, the significant accumulation by whales (129,000 BTC) suggests underlying confidence. The Glassnode Accumulation Trend Score of 0.23 indicates a shift from selling to buying, which could support future price stability or growth.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100