Whales are not in a hurry to sell BTC yet

Large holders of bitcoin (so-called whales) are not in a hurry to fix their profits yet. Judging by their behavior, they are waiting for higher prices - perhaps until the market overheats.

The activity of big players on major exchanges Binance, Bybit and Coinbase is surprising. Usually, when bitcoin approaches its peak, whales send coins en masse to the exchanges to sell.

For example, in May 2024, when the price rose, more than $5.6 billion flowed into exchanges. The next peaks were $8.6 billion and $7.3 billion. After such inflows, the market usually rolls back down for a short to medium period of time.

Bitcoin is now trading around $107,200, up 15.6% from the beginning of the year.

Today we have a good opportunity to  buy btc lower 2000 $DEGEN

One whale withdrew 1.33 million SOL ($221 million) from staking and sent 380,000 SOL to exchanges. When we see whales selling such volumes, it raises concerns, perhaps it is just manipulation. 100 $degen