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Crypto Whale Transactions Records A Major Drop Amid Market Uncertainty!

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By on September 12, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Whale Transactions Records A Major Drop Amid Market Uncertainty! appeared first on Coinpedia Fintech News

With the rising negative sentiment in the market, the Bitcoin whale transaction has recorded a drop of 33.6% in transfer value exceeding $100K. On the other hand, Ethereum has recorded a massive drop of 72.5% in transfer value exceeding $100K. Considering the historic sentiments, this trend has been recorded multiple times. This generally indicates the waiting phase for large whales/institutional investors for the market to turn extremely greedy.

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