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April 23, 2025

Spoofy the Whale Returns: Bitcoin Exchange Buys Surge Above $90K

In a significant market shift, whales have returned to exchanges like Binance and Coinbase, adding Bitcoin (BTC) exposure as prices recover above $90,000. The recent trend indicates that key investors are confident in the current market dynamics, contributing to an overall bullish atmosphere. The Coinbase premium also returns to positive territory amid a broad risk-asset relief rally, encouraging more traders to consider Bitcoin. As the correlation between whale activity and price movements persists, market participants will be closely monitoring these developments. This newfound investment interest highlights the ongoing volatility of the cryptocurrency market and the potential for further price fluctuations ahead.

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