Bitcoin Whale Makes $395M Purchase: Here's How Their Last Trade Went

　　Why It Matters:The recent purchase by the whale indicates that the investor may anticipate another upswing in the market, providing a potential signal to other investors. IntoTheBlock data notes exchanges netflows increasing by 432.2%, with 92% of Bitcoin holders in profit.

　　Crypto traderJellepredicted that Bitcoin is eyeing a reclaim of $66,000 for confirmation of strength.

　　Bitcoin Technical analyst CryptoConstated that the .618 level has been reliable for all previous Bitcoin cycle tops, indicating potential targets at $106,000 and $161,000.

　　What‘s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.