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Bitcoin (BTC) Whales Behind the Current Slide Below $50,000, Exchange Inflows Spike High
After registering over 40% gains just in the last two weeks, Bitcoin (BTC) finally entered a sharp correction on Monday, February 22. The Bitcoin price took a dip below $50,000 levels correcting over 15% from its all-time high. Although Bitcoin (BTC) has partially recovered from the low, it is still 8.13% down at press trading at $52,126 with a market cap of $968 billion. As per on-chain data provider Santiment, bitcoin whales have been behind the recent correction. Over the last week, the number of whale addresses with a minimum of 1000 BTC dropped ~2% from 2,462 a week back to now at 2416. Another data provider ... (full story)
