Deciphering Whale Behavior and Its Impact

Whales in the Bitcoin ecosystem wield considerable influence, capable of swaying market sentiment and triggering price movements. Within this realm, two distinct categories of whales have emerged, each contributing to the reinforcement of $60,000 as a crucial support level. “New whales” are characterized by their ownership of over 1,000 BTC for less than six months, displaying a notable pattern of accumulating BTC near the $60K mark.&middot

For the full story, head over to TheCurrencyAnalytics.com.