✅🤯Analysts noted an improvement in market sentiment and the steadfastness of Bitcoin whales✅
Experts highlight "bullish" sentiments among retail investors and the lack of whales' desire to lock in profits, despite the price of the first cryptocurrency nearing its all-time high (ATH).
According to specialists from Santiment, for every negative comment on social media about the state of the market, there are approximately two positive ones.
Whales are not locking in profits
Crypto analyst under the nickname Crypto Dan noted that most market participants do not show a desire to "take" profits.
Whales are not in a hurry to lock in profits at the current levels and are more likely to wait for higher prices - when the market overheats and begins to form a bubble," shared the expert's opinion.
His colleague under the nickname Darkfost similarly noted optimistic signals from "Binance whales," adding that the behavior of large players "is surprising."
He pointed out that against the backdrop of a local price peak in May 2024, "whale" inflows to the exchange exceeded $5.3 billion. The subsequent price extremes were accompanied by inflows of $8.45 billion and $7.24 billion, after which short- and medium-term corrections followed.
by 15.45%, according to CoinMarketCap
