Bitcoin whale movement fuels price decline

Bitcoin / U. S. Dollar KRAKEN:BTCUSD

henryartem

Bitcoin whale movement within exchanges at a seven-year low.
Whales have predominantly been performing their trades via OTC desks.
This has been contributing to Bitcoin’s price continuing to linger below ATH.
Bitcoin whale movement in the market has long been noted to be one of the driving forces of price. At the moment, it seems their choice of where to carry out their gigantic trades is one of the factors keeping the price of Bitcoin suppressed.

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