Large Bitcoin ‘Whale Accumulation’ Was Exchange Housekeeping, Data Shows
Recent market information suggesting aggressive Bitcoin accumulation by massive buyers seems to be a misinterpretation of inside trade housekeeping. On January 2, Julio Moreno, head of analysis at analytics agency CryptoQuant, reported that on-chain alerts initially interpreted as “whale” shopping for had been primarily on account of exchange-related exercise. Bitcoin Whales Cut Holdings as Capital…
