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Bitcoin whales are multiplying—while also getting poorer: report

Bitcoin whales are multiplying-while also getting poorer: report – Decrypt

In brief Market intelligence firm Glassnode said in its new report that the number of Bitcoin whales is increasing for the first time since 2016. More whales have entered the market because more Bitcoin has been withdrawn from exchanges. Despite the increase in whales, they are not richer-partly because of Bitcoin’s current price.