News
Significance:
6/10

Why Bitcoin whales sold $16bn: ‘It’s not a good signal for the market’

https://www.dlnews.com/articles/markets/bitcoin-whales-sell-16bn-in-troubling-signal-expert-says

Pedro Solimano

Mentions

Sentiments

Target
Sentiment
Comment
Bearish
Whales selling $16 billion worth of Bitcoin is seen as a negative signal for the market.
Bearish
Bitwise's André Dragosch stated that whale sellings are generally not a good signal for the market.