Bitcoin’s price jumped over 12% last week to reach $96,500, surpassing the average purchase price of “short-term whales”—large holders who bought Bitcoin within the last six months. CryptoQuant analyst JA Maartunn told BeInCrypto that these whales have reclaimed their break-even level of $90,890. It means they are now in profit and less likely to sell, … Continued
The post Bitcoin Whales Return to Profit, Easing 'Sell in May' Concerns | Weekly Whale Watch appeared first on BeInCrypto.
