Popular cryptocurrency analyst Ali Martinez said that Bitcoin (BTC) whales have accelerated their profit taking in recent days.
Ali Martinez dated February 29 in the post, warned about Bitcoin whales selling. The analyst stated that whale transactions accelerated, especially as the price rose above 60 thousand dollars. 4.8 billion dollars in the last 3 days worth More than 80,000 Bitcoins indicated that it was sold.
Profit sales accompanied by an increase in price oppression can create And may bring a decline The analyst hinted that investors should be careful about this issue:
There has been a significant increase in Bitcoin whales making profits! They sold more than 80,000 $BTC in the last three days, which equates to approximately $4.8 billion. Investors and traders are advised to proceed with caution!
According to CoinGecko data, in the last 24 hours 1.1% Bitcoin losing value at the time of writing from $62,352 is being traded.