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Bitcoin Sees Massive Pullback as Addresses With More Than 1K Coins Reach One-Month Low

Bitcoin Sees Massive Pullback as Addresses With More Than 1K Coins Reach One-Month Low

Bitcoin is seeing a price correction as the number of BTC whales is reducing, but the market has nothing to fear as institutional investors are still holding down the fort.

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.

Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits

Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits

Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.

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