.cryptoquant_com CEO ki_young_ju shares that BTC whales are now dominating the futures markets
that whales are accumulating spot BTC on the world's largest exchange by trading volume Binance. Their massive buying activities have pushed BTC spot volumes for all exchanges to increase 20x in the past six months. a single whale that has managed to remain in profit despite BTC losing more than 70% of its value. The entity which has transferred over 47,800 BTC has managed to time Bitcoin purchases to periods around absolute lows.
BTC is currently trading at around $19,000, down 0.86% on the day at the time of writing. According to popular Bitcoin skeptic Peter Schiff, the price performance of BTC could be an indicator that the benchmark crypto could
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