Bitcoin Whales Go on Big Accumulation Spree but Don’t Be Bullish Just Yet: Analysts

Although the primary cryptocurrency has remained relatively stable over the past few days, large market participants known as whales have used the opportunity to accumulate a sizeable portion of the asset. On-chain data reveals intensifying buying pressure on Binance as well, which could lead to short-term gains. However, one analyst outlined the key resistance level that has to be overcome before the bulls can find …