Bitcoin price reclaims $15.5K after whales sell the most BTC since March

The price of Bitcoin (BTC) has reclaimed $15,500 on Nov. 11 after whales sold the highest amount of BTC since March. In past cycles, the dominant cryptocurrency typically rallied after a sell-off from whales.

On March 12, for instance, the All Exchanges Inflow Mean (MA7) indicator hit 3. At the time, BTC declined to as low as $3,596 on BitMEX after seeing cascading liquidations.

Since then, the MA7 has never increased above 1.7. On Nov. 11, for the first time since March, the MA7 neared 2….


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