$566,900,000 In BTC On The Move – Coordinated Whale Action Could Be Behind The Crypto Market Crash
cryptogazette.com
On the other hand, the online publication the Daily Hodl revealed that there’s a massive whale activity underway. The Daily Hodl cited info from the blockchain analysis firm Crypto Quant and suggested that the whales have been gearing up to sell massive amounts of Bitcoin well before the market’s major crash that began on March 12th.
The online publication mentioned above notes that the numbers show the amount of Bitcoin being deposited on crypto exchanges began ramping up on March 8th. On the other hand, amidst the global disaster, more analysts believe that in times like this, Bitcoin, crypto, and the blockchain tech will be eventually showing their benefits and usefulness.
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