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"Bitcoin's recent price action has been marked by a rollercoaster of highs and lows, with the cryptocurrency hitting an all-time high before correcting by 15%. This volatility has sparked a mix of uncertainty and opportunity among market participants. Top analyst Maartunn highlighted a critical development on CryptoQuant, revealing a $1.24 billion USDC inflow to spot exchanges, which suggests renewed interest and potential buying pressure for BTC. The influx of stablecoins is a strong indicator of whales' strategic movements, signaling a potential rise in demand for BTC."
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