Bitcoin Whales Continue To Shed Holdings, Prices Not Attractiv | Coin Market News
Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?
On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them. Bitcoin Whales Continue To Sell Despite The Recent Deep Lows As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the 1k to 10k BTC range have continued to decline recently. The relevant indicator here is the “UTXO Count – Value Bands,” which tells us about the number of UTXOs (or wallets) tha[...]
