LIVE
--・387 views
Big Bitcoin buyers, known as whales, have been gobbling up coins since mid-March. Their holdings now top 40% of all Bitcoin, raising their influence on the market. While this buying frenzy might signal confidence and push up prices, it also concentrates ownership in a few hands. This trend, coupled with rising cryptocurrency derivatives bets, could lead to choppy waters ahead for Bitcoin.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.