Tug on fall: Whales sell bitcoin, investors keep – Bits Media

OkLink indicator shows, that the number of large transactions with BTC increased during the recent sale. This could be a sign of pressure on the market from the "whales".

Bitcoin Trades Increase After Falling Over The Weekend. There is nothing in it unusual, since traders are mostly active on weekdays. But before that, how to record a drop in transaction activity over the weekend, the indicator showed its splash 14 september 2021 of the year. Increased activity is traditionally associated with large transactions on exchanges. OkLink indicator
tracks the number of transactions, exceeding 500 BTC.

"Whales" after 14 September made several more transactions, but analytical companies did not reveal an increase in the activity of traders on exchanges. This fact suggests that, that investors, unlike "whales", do not sell their assets.

The actions of the “whales” can be explained by the fact that, that they begin to become active after increased volatility in the Bitcoin market. Experts from the analytical company Glassnode believe, what indicators, which monitor network activity over a time range, Indicate that, that experienced investors do not reallocate their assets.

After the Bitcoin sell-off 21-22 September, the speed and volume of sales did not increase. This fact suggests that, that most investors are committed to holding Bitcoin.