Bitcoin Whales Reduce Derivative Risks as Market Sentiment Turns Bearish

Recent on-chain data reveals a significant reduction in Bitcoin whale activity on derivatives exchanges amid the current downturn in the cryptocurrency market. Metrics indicate that Bitcoin whales are scaling back their risk positions on derivatives platforms. CryptoQuant CEO Ki Young Ju highlights the concerning shift in Bitcoin’s Inter-Exchange Flow Pulse. Bitcoin whales are reassessing risk

Source: CoinOtag