Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior.
According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month.
Analyst: Whales protectin positions “forming a local bottom”
As BTC/USD hit its lowest levels since the end of June, whales were responding kind.
In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn flagged a marked uptick in…
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