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SPX6900 Price Forecast: Bullish Continuation Eyes New All-Time High
SPX6900 Price Forecast: Bullish Continuation Eyes New All-Time High
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SPX6900 extends its Sunday recovery with a 2% gain, building on last week''s 18% rally. Whale activity shows signs of cooling sell-offs, shifting toward accumulation. Derivatives data reveal a spike in Open Interest, reflecting growing bullish sentiment.
Santiment''s Supply Distribution metrics indicate stabilization among large holders (100M-1B tokens) at 147.57M SPX, while mid-tier investors (10M-100M tokens) expanded holdings to 253.9M SPX. Smaller wallets (1M-10M tokens) now hold 309.11M SPX, marking a notable week-over-week increase.
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