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Bitcoin whales quietly snap up 53000 coins as other investors pull back

Economy
Published on 24 April 2026
Bitcoin whales quietly snap up 53000 coins as other investors pull back

Whales bought the most since November — but confidence looks shaky

Bitcoin whales have accumulated about 53,000 coins in the past week, their biggest buying spree since November, helping steady prices after weeks of sell-off. Yet wider caution among investors and net selling by large holders over the past year suggest this may be damage control, not a fresh wave of conviction.

  • Whales accumulated 53,000 BTC in a week, strongest since November
  • Their buying helped stabilize prices after recent declines
  • Broader investors remain cautious as large holders still net sell
  • The rebound may be short-term support rather than full recovery
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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