✉news BusinessCrypto first seen 17 h ago, last 17 h ago, peak #35
Bitcoin concentration reading hits 12% near $83,000
Original: Bitcoin’s Oct. 3 Concentration Reading Reached 12% Near $83,000
Bitcoin's concentration reading reached 12% on October 3 as the price traded near $83,000. The metric points to a growing share of supply held by large holders, a figure traders often watch for signs of whale accumulation or potential sell pressure. Coverage of the reading is circulating among crypto market watchers tracking price movements near this level.
Why now: Bitcoin is trading near $83,000 and investors are watching whale holdings for signals on the next move.
Evidence
- Bitcoin’s Oct. 3 Concentration Reading Reached 12% Near $83,000 · tokenpost.com
API: https://socialmediatrends-api.osmike.com/v1/trends/950095