Whales holding more than 1000 Bitcoins reduce their exposure or holdings of Bitcoin🤔🤔
#NEWTBinanceHODLer Some reports indicate that whales holding more than 1000 Bitcoins have reduced their exposure (or holdings) of Bitcoin, meaning they have sold part of their Bitcoin assets.
Why do whales do this?
There are several potential reasons for this behavior:
◀️Taking profits: After periods of rising Bitcoin prices, whales may decide to sell part of their holdings to realize substantial profits. This is normal in any financial market.