According to Glassnode and Santiment, despite the growth of bitcoin, whales do not fix profits
Analytical data showed that bitcoin whales have not recorded profits over the past few days, even though the price of bitcoin has surpassed the $45,000 mark.
According to Santiment, Bitcoin millionaire addresses containing between 100 and 10,000 BTC “show no sign of profit” and now contain 9.23 million BTC. This is a record high for this category of investors since July 28.
Glassnode data also shows that whales and other investors are not taking profits as the price of BTC continues to rise. According to the company, the number of coins sold over a year ago has not increased.
Should wait for a huge correction soon, apparently…
