Big Bitcoin owners (whales) on Binance, a big Bitcoin marketplace, are selling less Bitcoin lately. This is good news because less selling can mean the price might go up!
But, there's a worry: Bitcoin miners, who create new Bitcoins, might need to sell some of their Bitcoins to pay their bills. This could push the price down.
It's a bit of a tug-of-war, and no one knows for sure what will happen next.
- Whales on Binance are selling less Bitcoin.
- Miners might start selling more Bitcoin.
- The price of Bitcoin could go up or down depending on what the miners do.
What might happen | Details |
---|---|
Whale selling | Going down |
Miner selling | Going down |
Bitcoin Price | Uncertain |