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Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis -Breaking

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Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis

(BTCThe price capitulation of ) may still be significant, however, more whales will need to sell first, according to data.

One of the daily QuickTake Market updates, May 27th, on-chain analytics platform CryptoQuant highlightedWhale behavior is increasingly bearish

Chart: Bitcoin entities that have a balance of more than 1,000 BTC Glassnode
Bitcoin moving profit/loss (MPL) vs. Bitcoin/USD annotated graph. Source: Whalemap/ Twitter