Bitcoin Whales Slow Down Trading Activity Ahead of Price Drop Below $63K

Bitcoin whales have significantly slowed down their trading activities just before the price dipped below $63,000. This behavior was noted by Santiment, which reported a sharp decline in high-value transactions over the past two days. “Derivative exchanges are showing a risk-averse mode,” explained Ki Young Ju, CEO of CryptoQuant, highlighting the changing market sentiment. Bitcoin

Source: CoinOtag