High volatility in crypto prices is making it difficult for retail traders to hold on to their positions. Even long term holders have been reducing their stakes in some of the hottest cryptocurrencies, during the ongoing crypto winter. That the number of whale addresses holding Bitcoin are currently at a 29 month low explains the reality. Meanwhile, a majority of Bitcoin (BTC) holders look to short the cryptocurrency for small profits. Also, there have been calls to ‘buy the dip‘ as BTC fluctuated in high frequencies.
Key Bitcoin (BTC) Price Range Awaited As Traders Look To Cash Out In Profits
coingape.com
27 September 2022 19:27, UTC