may 2023

Bitcoin Sentiment Rebounds as Whales Accumulate, Eyes Turn to May

Bitcoin Sentiment Rebounds as Whales Accumulate, Eyes Turn to May

Bitcoin is rebounding nicely this month, back above $40k and up 25% from its early April bottom. This powerful rebound is a clear sign of the changing sentiment among investors. Now, large-scale investors—dubbed whales—are leading the charge on this resurgence. Their massive hoarding of Bitcoin has assisted in keeping the...

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