Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply

Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply

Demand is keeping up with increasing activity from whales this week, the latest data confirms. Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week.As confirmed by on-chain monitoring resource CryptoQuant on Nov. 5, whales have accounted for the vast majority of selling pressure in recent days.Whale coins find a new homeA familiar event but with curious timing — large-volume holders are "dumping" BTC on the market, but at or near April's all-time highs.Despite seemingly unanimous consensus among traders and analysts that the....


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Brace for impact? After hitting $42K, Bitcoin price volatility may rise

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