Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their behavior to anticipate market movements. Moving tokens to exchanges usually signals intention to sell, however, blockchain data doesn’t show what happens with the tokens once it’s at the exchange.
- Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped?
Written by Bankerage Published on November 3, 2023