Bitcoin Whale Action Sparks Confusion: Are they Buying or Selling?
Recent market data suggesting aggressive Bitcoin accumulation by large investors appears to be a misinterpretation of internal exchange housekeeping. On January 2, Julio Moreno, head of research at analytics firm CryptoQuant, reported that on-chain signals initially interpreted as “whale” buying were mainly due to exchange-related activity. Sponsored Sponsored Bitcoin Whales Cut Holdings as Capital Flows...
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