Bitcoin’s viral $5 billion whale buy signal was actually a dangerous trap set by institutional accounting
A statistical mirage briefly satisfied the crypto market this week that mid-sized whales had bought roughly $5 billion of Bitcoin. During the previous week, social media feeds crammed with charts exhibiting that roughly 54,000 Bitcoins are flooding into “shark” wallets, that are addresses holding between 100 and 1,000 cash. As a end result, many business…
