Santiment: Bitcoin whale transactions increased to a 10-week high, and social media discussions turned to mainstream currencies

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ODAILY
10-17
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Odaily reported that according to Santiment, the number of Bitcoin whale transactions has reached the highest level in more than 10 weeks, with 11,697 transactions over $100,000 on Tuesday, and a new high is expected on Wednesday. In addition, discussions on social media have clearly shifted towards Bitcoin rather than , with mainstream cryptocurrencies accounting for more than a quarter of all discussions. Since July, the Bitcoin price has broken through the $68,000 mark for the first time. These two signals indicate that the rebound may be temporarily paused due to profit-taking by whales and high group FOMO. However, as medium and long-term indicators remain bullish, any price adjustment is likely to be short-term.

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