Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine.
According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks.
Whales help pin Bitcoin at $30,000
In fresh analysis published on June 7, Whalemap researchers showed that BTC/USD local tops and bottoms have coincided with areas of heightened whale activity.
When Bitcoin’s largest wallet entities…
Source link