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Analysis: If the purchasing power of USDT whales continues to increase, the price of Bitcoin is expected to exceed $40,000

According to Santiment data, the price of Bitcoin has reached $38,300 for the first time since May 5, 2022. Among many contributors, the top 100 largest Tether (USDT) addresses have increased their holdings by $1.67 billion in the past six months, with purchasing power growing by 9.7%. If the purchasing power of USDT whales continues to increase, the price of Bitcoin may soon break through $40,000.

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