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#BuyTheDipOrWaitNow? Bitcoin Whales Didn't Forgive the $60,000 Price: 40,000 BTC Purchase
Bitcoin (BTC) recovered 17 percent on Monday from below its 15-month low of $60,000, trading around $70,000, as whales capitalized on the discounted price.
Large investors bought the dip at $60,000, adding at least 40,000 BTC.
While buyers failed to push the price above $72,000, downside risks for Bitcoin remain.
Bitcoin Whales Accumulated 40,000 BTC During the Price Drop
Market participants observed the deliberate moves of whales, and analyses suggest they played a significant role in