Bitcoin whales’ risk appetite has increased again with the rise of the cryptocurrency market.
According to data from blockchain analysis platform CryptoQuant Bitcoin whales, the money they hold in exchanges to derivative exchanges started to transfer.
An analyst noticing the amount of money flowing into derivatives exchanges “It looks like the whales are ready to take risks again.” he commented.
Transactions made on derivative exchanges also support this analysis. According to CoinGlass data, the value of open positions in Bitcoin futures contracts, to 21 billion dollars It broke the record of the last 26 months.
on the market too much leveraged position in periods when prices fluctuate to big drops Although it may lead to that you haven’t accumulated that much leverage. he thinks.
