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Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests

Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests



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  1. “Whales consistently buying Bitcoin over the past few months is optimistic in itself. But, Woo emphasized that the number of new whales has also increased.

    If the number of addresses containing large amounts of Bitcoin increases, analysts consider it as an overall spike in new whales.”

    People / companies buying up so much BTC they’re becoming whales in the process, never thought that would happen ever. There’s interesting times ahead of us with retail investors slowly joining in.

  2. **Bitcoin(BTC) Basic Info:** [Website](https://bitcoin.org) – r/Bitcoin – [Abstract](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_basicinfo#wiki_short_description) – [History](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_basicinfo#wiki_history) – [Exchanges](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_basicinfo#wiki_exchanges) – [Wallets](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_basicinfo#wiki_wallets)

    **Biases(Updated July, 2019):** [Arguments For](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_pros) & [Arguments Against](https://www.reddit.com/r/CryptoWikis/wiki/Bitcoin_cons) | **CryptoWikis:** [Policy](https://www.reddit.com/r/CryptoCurrency/wiki/policy#wiki_cryptowikis_program_-_.28work_in_progress.29) – [Contribute](https://www.reddit.com/r/CryptoWikis/wiki/contributing)

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