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Analyst Sees Bitcoin at $96K as Institutions Absorb 500% of Daily Mined Supply

2026-05-04 14:25:53

Abstract generation in progress

Charles Edwards said Bitcoin may reach $96,000 by June after institutions absorbed more than 500% of daily mined BTC supply. Glassnode data shows Bitcoin sharks accumulated more than 61,000 BTC in the past 30 days.

BTC1.45%

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