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Bitcoin sees 70,000 BTC purchase by whales, boosting market

Whale purchases lift BTC to new heights: Bitcoin whales bought 70,000 BTC for approximately 7.3 billion USD, pushing prices up to a new peak of 108,353 USD. Despite this positive Movement, some long-term holders are selling into exchanges, indicating mixed market sentiment.

Institutional interest drives BTC price surge: BTC’s price increased by 2.25% in 24 hours, currently around 107,850 USD. Institutional purchasing from firms such as MicroStrategy, which recently acquired 15,350 BTC, is fueling demand and stability in the market.

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