Bitcoin Whales Play Safe as Market Turns Cautious
The biggest Bitcoin (BTC) traders are now taking fewer risks, according to Ki Young Ju, the CEO of blockchain analytics firm CryptoQuant. He shared with his followers that the interexchange-flow-pulse (IFP) indicator, which monitors the movement of BTC between spot and derivatives exchanges, shows that these major players, known as whales, are now in "risk-off mode."
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