Large Bitcoin ‘Whale Accumulation’ Was Exchange Housekeeping, Data Shows
Yahoo Finance·2026-01-03 13:35
buy bitcoin 3 easy steps cover, bitcoin whale. Photo by BeInCrypto Recent market data suggesting aggressive Bitcoin accumulation by large investors appears to be a misinterpretation of internal exchange housekeeping. On January 2, Julio Moreno, head of research at analytics firm CryptoQuant, reported that on-chain signals initially interpreted as “whale” buying were mainly due to exchange-related activity. Bitcoin Whales Cut Holdings as Capital Flows Turn Negative He explained that the apparent accumul ...