Summary of Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
Summary of Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research
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The source article:
The Bitcoin price has faced significant corrections since March, driven primarily by large-scale sell-offs from whales and massive token unlocks flooding the total market supply of altcoins. Institutional inflows from ETFs, stablecoins, and futures markets have assisted in stabilizing the market, but have not overcome the selling pressure.
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The source article:
quoting nevent1q…cupvWhale sell-offs and token unlocks weigh on Bitcoin — 10x Research
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01925760-3919-790c-a7b1-6a5b421ed060
Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.
https://cointelegraph.com/news/bitcoin-whale-selloffs-token-unlocks-stall-bullish-rally
The Bitcoin price has faced significant corrections since March, driven primarily by large-scale sell-offs from whales and massive token unlocks flooding the total market supply of altcoins. Institutional inflows from ETFs, stablecoins, and futures markets have assisted in stabilizing the market, but have not overcome the selling pressure.