Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.
In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on exchanges were increasing again.
Data points to whales increasingly eager to sell
Highlighting its exchange whale ratio metric, CryptoQuant deduced that major Bitcoin investors were taking no chances when it comes to short-term price action.
Exchange whale ratio…
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