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Giant whales increased their holdings of more than 30,000 BTC last week, equivalent to approximately US$1 billion

According to on-chain analyst Ali's monitoring, last week Bitcoin whales accumulated over 30,000 BTC, worth about $1 billion, in just five days. In addition, IntoTheBlock data shows that institutional investor trading activity is also increasing, with the number of Bitcoin trades worth over $100,000 reaching a peak not seen since 2023. Analysis suggests that the current Bitcoin market value-to-realized value (MVRV) ratio is around 150%, while the historical peak has exceeded 300%, indicating that there is still room for the market to rise. 

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