Bitcoin (BTC) finally managed to secure a new all-time high, but the digital asset rejected strongly near $20,000. On-chain analysts say a sell-off from whales and miners, combined with the $20,000 level acting as a resistance level caused a fierce drop.
What led whales and miners to sell Bitcoin?
For whales and high-net-worth investors, liquidity is the most important factor. Because they deal with large orders, they need to calculate the slippage…
Source link
