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Bitcoin Sprints Toward $80K with Surging Spot Volume and Whale Inflows

Guavy AI Editorial Team
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BTC
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Bitcoin's push toward $80,000 saw a significant surge in spot volume and large inflows of BTC associated with whales.

Data from CryptoQuant reported by Cointelegraph shows that spot trading volume increased three to four times compared to previous levels as Bitcoin approached the closely watched price level.

Whale inflows, measuring transactions exceeding 2,000 BTC per hour, also saw significant increases during this period.

The increase in altcoin deposits to exchanges, which tripled during the same time frame, suggests a broader increase in trading activity.

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