Recent data shows that whales, or addresses that have a large amount of bitcoins, are buying bitcoins at price floors following the recent drop.

According to CoinDesk, since the start of trading of Bitcoin cash ETFs in the United States on January 11 (December 21), this digital currency has lost about 19% of its value and has now reached $39,900.

The mentioned whales have been seen in the Bitfinex exchange, which is one of the top 10 exchanges in the world in terms of trading volume. Bitfinex whales are generally known for causing market volatility.

Market data shows that at the beginning of the week, Bitcoin was traded $100 more expensive than the global average price on the Bitfinex platform, which is a big difference. This difference at the time of writing this report is 70 dollars, which is higher than the buying and selling rate in major exchanges such as Binance and Coinbase.#Samir 016CommUNITY