Bitcoin whales have maintained an eerily calm stance throughout last year after Bitcoin price made its $69,000 all-time high.
Bitcoin (BTC) price, after making a 6-week high of $21,085, has retraced back to the $20,470 level with price noting a 1.44% pullback over the last 24-hours. With sentiment still in fear and considerable profit-taking at the $21,000 price level, whale movement can be of value to judge where price movement can go next.
Bitcoin whales still in a dilemma
Whale addresses are often key to long-term price trend changes. For the most part of last year, large institutional holders and whale addresses have been dumping their Bitcoin holdings.
Whale entities had been accumulating quite heavily up…