Bitcoin: Is following BTC whales even profitable?
Bitcoin Bitcoin: Is following BTC whales even profitable? Nouvelles Bitcoin Ethereum Even though the price of Bitcoin [BTC] has risen to higher levels, new data suggested that whales did not secure the most favorable deals for their Bitcoin. Whales miss out According to recent data, the average price at which big Bitcoin whales whove been actively trading in the last month sold their BTC is $40.5K. This group consist of whales whose latest transaction occurred within the last 30 days, holds over 100 BTC, and have a wallet unlinked to centralized exchanges. This indicates missed profit opportunities. Their actions might contribute to short-term downward pressure. The realization that active whales didn‘t maximize their profits might influence market sentiment. Traders may interpret this as a sign that even large holders aren’t confident in a sustained bullish trend. Que font les mineurs ? In the last three weeks, 700,000 Bitcoin has been transferred to Over-The-Counter (OTC) desks, which are platforms favored by miners. This movement coincided with the approval of a spot Bitcoin Exchange-Traded Fund (ETF). OTC desks are places where large Bitcoin transactions happen directly between parties, often used by miners and big investors for substantial trades. This significant transfer of Bitcoin to OTC desks could indicate strategic actions by miners in response



