Bitcoin (BTC) Whales Should Only Be Tracked on These Exchanges, CryptoQuant CEO Says

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Bitcoin (BTC) Whales Should Only Be Tracked on These Exchanges, CryptoQuant CEO Says
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.ki_young_ju says Bitcoin $BTC whales should only be tracked on this type of exchanges Bitcoin

All long positions in his analysis were opened in January 2023 when Bitcoin moved sideways between $16,500 and $18,000. This period of accumulation then served as a basis for the rally that pushed Bitcoin over $31,400.

Whales from other low-liquid exchanges also opened longs below $17,000. As such, they are close to having their positions doubled even with zero leverage. Binance's large trading volume makes it difficult to identify individual trading behavior, unlike smaller exchangesNo reliable"sell" indicators in Bitcoin futures

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