Bitcoin Market Control Has Passed to ‘New Whales’
The Bitcoin market has come under the control of new major investors, each holding over 1,000 coins over the past few months. These “new whales” are the most sensitive to fluctuations in the price of the leading cryptocurrency, according to experts from the CryptoQuant platform. It was these “new whales” who suffered the heaviest losses during the recent market downturns. They were forced to sell on price declines and exploit short-term gains to exit their…
