Bitcoin Whales Continue To Sell—Here's What It Means For The Bull Market

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin (CRYPTO: BTC) has dropped 16% over the past month, triggered by a wave of selling from long-term "OG" holders to smaller retail traders and institutions. What Happened: A prominent market commentator said this type of distribution typically occurs near the late stages of bull cycles, as veteran holders take profits and new entrants absorb supply. Don’t Miss: If there was a new fund backed by Jeff Bez ...