Bitcoin Sharks & Whales Unfazed By Sub-$60,000 Crash, Data Reveals
Submitted by Anonymous (not verified) on Thu, 08/29/2024 - 20:20On-chain data shows the Bitcoin sharks and whales have continued to hold strong despite the asset’s price surge.
On-chain data shows the Bitcoin sharks and whales have continued to hold strong despite the asset’s price surge.
Bitcoin has recently seen a notable decline
The Bitcoin price had struggled to regain its bullish momentum after a sharp decline earlier this month, when it plunged to $49,000.
Bitcoin is steady at press time but is under immense selling pressure after the liquidation of August 27.
Data shows that the crypto derivatives market has seen a large number of liquidations in the past day as Bitcoin has crashed to $59,000.
Bitcoin has created 85,400 millionaires, highlighting its growing value and investor interest, according to the 202
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