Summary
- It was announced that whale investors sold 30,000 BTC over the week.
- The buying speed of Bitcoin has reached its slowest level since February.
- It is interpreted that the increase in market uncertainty has strengthened investors' risk aversion sentiment.
It appears that the investment sentiment of whale investors in Bitcoin (BTC) has significantly declined.
On the 16th (local time), CryptoQuant announced via X (formerly Twitter) that "this week, whales sold 30,000 BTC," and "the buying speed of whales has reached its slowest level since February." It is interpreted that as market uncertainties such as the trade war increase, investors' risk aversion sentiment has grown.
As of 9:55 PM, Bitcoin is trading at $83,939 on the Binance USDT market, down 2.14% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
