Summary
- It appears that whale investors have sold more than 29,000 Bitcoins over the week to realize profits.
- After the sale of Bitcoins, the price of Bitcoin on the Binance USDT market fell by 2.15% compared to 24 hours ago.
- This movement provides investors with an opportunity to reassess the current market situation.
An analysis has emerged that whale investors have sold more than 29,000 Bitcoins (BTC) over the past week.
On the 16th (local time), cryptocurrency analyst Ali Martinez stated on X (formerly Twitter), "Whale investors are realizing profits," and "More than 29,000 Bitcoins have been sold since the 9th (local time)."
As of 7:30 PM, Bitcoin is trading at $83,914 on the Binance USDT market, down 2.15% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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