Movements of "whales" and institutional investors
🐋A struggle between selling and buying: What are the big players doing?
In a mixed scene, while some investors who bought near the peak are selling, companies like Michael Saylor's MicroStrategy continue to buy massive amounts of Bitcoin, having recently purchased $1 billion for the second week in a row.
Analyses indicate that 60% of the supply is still held by large wallets (holding more than $85 million), and the continued selling by this group remains a pressure factor on the price.
Do you think that the continued buying by "whales" is enough to reverse the trend?
