‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC

Cointelegraph

Published Jun 08, 2022 03:27AM ET

Updated Jun 09, 2022 06:40AM ET

Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine.

According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks.

Bitcoin whale wallet inflows annotated chart. Source: Whalemap/Twitter
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

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