Whales are moving cargo to exchanges—whether the $60k threshold can be held comes down to the mood of these big players.

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CoinNetwork
BiJie News reports that according to on-chain analysis platform CryptoQuant, whales are transferring assets to exchanges, and market volatility is intensifying. Bitcoin is testing the $60k support level, and exchange inflows are heating up. Bitcoin daily deposits exceed 50k, Ethereum inflows exceed 1.25 million, and altcoin deposits have reached the highest level in two months. CryptoQuant warns that whales appear to be dominating this market movement.
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