Bitcoin May Face Some Short-Term Selling Pressure as Coinbase Whales Deposit
Bitcoin has undergone some shaky price action after a push to $19,000 this past week. Ki Young Ju, CEO of Crypto Quant, recently said that the coin could face a correction in the days and weeks ahead. The percentage of whale deposits relative to retail deposits into Coinbase addresses has increased, he noted. Bitcoin Could See Price Drop As Whale Deposit Ratio Spikes Bitcoin has undergone some shaky price action after a push to $19,000 […]
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