Market Update: Whale Activity and BTC Movements
đłWhales Sent BTC to $66k
Are we heading back to $60k?
âą This move has already led to the liquidation of $237 million in longs. Buyers are attempting to maintain the $66k level, but the next support level is at $63
âą A major whale, who acquired 8,000 BTC in 2018,is out of hibernation which values to $529 million.
With these developments, it's crucial to monitor the market closely. The whale's actions and the struggle to hold the current support level could indicate more volatility ahead
Stay cautious and informed