- Bitcoin whales drop to a new two-year low
- Bitcoin also showed resistance at the $17,000 level
Bitcoin [BTC] managed to bounce back above the $17,000 price range. While the current expectation was that it might continue to rally, whale activity suggested otherwise. According to a recent Glassnode update, the number of Bitcoin whales have been on the decline.
📉 #Bitcoin $BTC Number of Whales just reached a 2-year low of 1,665
Previous 2-year low of 1,671 was observed on 22…
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