$BTC

āœ… Bitcoin whales await the results of the US election

šŸ”“ According to sentiment data on August 5, it shows signs of whale accumulation at the price of around $50,000. This could mean that the whales bought Bitcoin at this price point expecting the price to rise in the future.

ā€¼ļø On October 29, signs of whales taking profits at around $72,000. This means that the whales decided to sell and take profits, which is why we saw the price correction

āœ”ļø The purple lines in the chart indicate the number of whale transactions, the volume of transactions has decreased after October 29, about a week before, and it is possible that the whales are waiting for a suitable opportunity or an important news for the market reaction to decide to re-enter the market.

#USElections2024Countdown #TetherAEDLaunch #BTCMiningRevenue #OctoberCryptoFundingSurge #USEquitiesRebound $BTC