After leaning Short for about two weeks, the whale group tracked by Glassnode has shifted to Net Long BTC amid a sharp downturn.
Are these whales quietly positioning ahead of a Bitcoin bounce, or is this just a defensive move, folks?
⚠️ Note: One group of whales changing positions doesn’t necessarily mean the market has reversed. Keep an eye on investor sentiment and selling pressure around this level.
For informational purposes only, not investment advice.
