Whales continue to put pressure on the crypto market 🐋
- Since March, the Bitcoin price has been experiencing significant corrections due to massive whale sales and token unlocks.
- A 10x Research report indicates that these factors are neutralizing the "bullish flows" from stablecoins and ETFs.
- In October, $3.9 billion in tokens were unlocked, which increased pressure on the market.
- Institutional inflows stabilize the situation, but do not allow prices to rise.