Bitcoin

<ul><li>Santiment insights revealed that BTC whales do impact BTC’s price.</li><li>Whales may accumulate BTC in the $12,200 and $14,600 range.</li><li>The crypto market leader’s price is slightly up over the last 24 hours.</li></ul>The blockchain analysis firm, Santiment, shared its latest insight in a Twitter post today. The insights examine the effect that <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> whales have on the markets.According to the <a href="https://insights.santiment.net/read/examining-the-impact-of-btc-whale-behavior-on-price-trends-7156?utm_source=twitter&amp;utm_medium=post&amp;utm_campaign=twitter_examining_btc_whale_behavior_impact_insight_sanrking_122922/&amp;fpr=twitter" rel="noopener noreferrer nofollow">insights</a>, BTC holders who own between 1,000 and 100,000 BTC are a good indicator of long-term price direction. The report added that investors and traders can develop a good understanding of what will happen to BTC’s price by analyzing whale behavior.<a href="https://coinedition.com/btc-whales-can-impact-btcs-price-according-to-santiment/" rel="noopener noreferrer nofollow">See original on CoinEdition </a>

BTC Whales Can Impact BTC’s Price, According to Santiment

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