Bitcoin ‘OG whales’ sell $286M, but odds of $100K BTC remain high
Bitcoin whales sold $286 million of BTC in January, but a slowdown in the distribution and accelerating bullish momentum could send BTC to $100,000 before the end of the month.
Bitcoin (BTC) onchain data shows BTC whales are active as the price attempts to extend its breakout from the $90,000 level.
Key takeaways
Bitcoin whale spending surged to $286 million, the largest spike since early November.