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How Crypto Whale Activity Offers Hope for Bitcoin and Broader Market Recovery After Post-Christmas Dip

A recent campaign of large stablecoin deposits by whales has sparked hope for a recovery in the Bitcoin and broader crypto market following a recent pullback. Despite recent uncertainty in the market, crypto analytics platform Santiment Feed argues that there are bullish undercurrents, citing whale activity. These investors with extensive holdings have been moving stablecoins to exchanges, suggesting they are preparing to make more crypto asset purchases. Santiment Feed's findings align with CryptoQuant CEO Ki Young Ju's opinion that the crypto bull market is still ongoing, as there have been significant capital inflows into the market. Young Ju also points to Bitcoin's "true" market value to realized value ratio as an indicator that the asset is far from its cycle top. Overall, despite recent market volatility, there is optimism that the crypto market will recover based on whale activity and capital inflows.

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