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Bitcoin Whale Who Dumped at Price Top is Buying the Dip Now

coingape.com 01 June 2021 11:30, UTC

Bitcoin whales have started accumulating again and one particular whale that dumped a major share at the near-perfect top was seen buying again. Whales buying and selling is seen as a major market sentiment indicator as these whales often dump on market in anticipation of a price crash and start buying when they believe the market has reached a potential price bottom. Thus, the current buying spree seen among whales could indicate Bitcoin price bottom might be near.

The whale who dumped thousands of $BTC at the near perfect top

coingape.com