Bitcoin Whale Accumulates Entire Daily Mining Supply Amid $90K Price Resistance

A single large Bitcoin holder has acquired the full daily mining output as the cryptocurrency struggles to break above the $90,000 level.

BTC

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Terms & Concepts
  • Bitcoin whale: An individual or entity that holds a large quantity of Bitcoin, capable of influencing market movements through significant trades.
  • Daily mining supply: The total amount of Bitcoin newly created and released to miners over a 24-hour period.
  • Price resistance: A market level where selling pressure prevents the price of an asset from rising above a certain point.