$BTC
ā Bitcoin whales await the results of the US election
š“ 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.
ā¼ļø 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
āļø 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