Bitcoin whales poured over a billion dollars into the market right after a sharp decline, while one of the biggest mining companies quietly cashed out. Their opposing moves point to very different views on where Bitcoin goes from here.
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In the days after the October 7 decline, Bitcoin whales—those with medium and large wallets—bought about 15,000 Bitcoin (CRYPTO:BTC), worth around $1.24 billion at current prices, according to analyst Ali Martinez. In contrast, on October 9, MARA Holdings (NASDAQ:MARA | MARA Price Prediction), one of the largest publicly traded Bitcoin mining companies,…
