ChainCatcher reported that according to Cointelegraph, Bitcoin whales slowed down their trading activities in the past two days before BTC fell below $63,000.
According to Santiment data, on June 23, the total number of Bitcoin whale transactions (US$100,000 or more) was 9,923, a 42% decrease from the 17,091 transactions recorded in the previous two days.
At the same time, CryptoQuant CEO Ki Young Ju wrote on X yesterday that "whale traders on derivatives exchanges are in risk-averse mode."
