Institutional traders and whales, or large holders of bitcoin, were skeptical about altcoins, the report says, with the data showing a general decline in altcoin holdings among traders despite a brief rise in May. A notable decrease started in August, particularly among institutions, reflecting a cautious stance towards these more volatile assets.
Related posts
-
Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?
Este artículo también está disponible en español. After testing the low $90,000 price level multiple times... -
Bitcoin To $122K Next Month? Research Predicts Big Move
Este artículo también está disponible en español. Many analysts are ruminating on the next significant milestone,... -
10x Research: Bitcoin Could Hit $122,000 in February
Bitcoin’s price action points to an interesting price pattern that could see BTC reach $122,000 in...