is effectively leading the charge with the latest bullish activity. However, suspicious whale movements have raised a few eyebrows in the market that have instilled FUD sentiment in the community.. This is indicative of a possible market bottom. However, there has been an upturn in the situation with the recent sharp rise. With the latest bull charge in the past two days, Bitcoin is trading above the realized price.
However, Arcane research has updated on a worrying trend in whale activity since the Terra collapse. Analyst Vetle Lunde claims that over 236,237 BTC has been liquidated since 10 May and large institutions are to blame. He further stated, “Most of the selling is related to forced selling, and some are not.”That’s the amount of known selling of bitcoin since May 10th by large institutions. Most of the selling is related to forced selling, and some is not.
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