Bitcoin’s price dip has attracted large whales – Here is what this means
After a very bullish trend in March, Bitcoin (BTC) has slowed significantly in April. The coin dropped below the $40,000 for the first time in weeks. BTC has managed to pair up some of these losses and much of this is down to increased whale buying. Here are the main takeaways:
Institutional investors and other big wallets bought BTC massively at $38,000.
This buying activity has pushed the coin above $42,000 once again
Whale accumulation often suggests a bullish momentum is around the corn
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