Weekly Recap: Bitcoin and Ethereum Holders Take Profits, Expecting Lower Lows
You have successfully joined our subscriber list. Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) weekly price movements. Bitcoin Holders Realize Profits, Pushing Price Down 6.87% Large Bitcoin holders seem to be realizing profits after this cryptocurrency rose to a new all-time high of $19,915.14 on December 1st. Since then, the number of addresses holding 10,000 to 100,000 BTC has dropped significantly. Roughly two whales have left the network or redistributed their tokens, representing a 1.85% drop over a short period. The ...