Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool
Bitcoin is seeing a gradual return to buyer interest, but it is large-volume investors leading the way as others remain hesitant after weeks of downside.
Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research.
Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling.
Bitcoin (BTC) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market.
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Author: William Suberg
