Santiment: The number of Bitcoin whale transactions has decreased by 42% in the past two days

2024-06-24 14:05:47
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ChainCatcher news, according to Cointelegraph, Bitcoin whales have slowed down their trading activity in the past two days before BTC fell below $63,000.

According to data from Santiment, on June 23, the total number of Bitcoin whale transactions (of $100,000 or more) was 9,923, a decrease of 42% compared to the 17,091 transactions recorded in the previous two days.

Meanwhile, CryptoQuant CEO Ki Young Ju posted on X yesterday, stating, "Whale traders on derivatives exchanges are in risk-off mode."

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