Major crypto holders have been steadily offloading their BCH positions, putting selling pressure on the token. Right now, the market is holding strong at the $610 level—but there's clearly strategic positioning happening. Big players appear to be waiting for retail capitulation. Once retail panic-sells, that's when they're likely to scoop up cheaper tokens. Classic whale playbook.
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Major crypto holders have been steadily offloading their BCH positions, putting selling pressure on the token. Right now, the market is holding strong at the $610 level—but there's clearly strategic positioning happening. Big players appear to be waiting for retail capitulation. Once retail panic-sells, that's when they're likely to scoop up cheaper tokens. Classic whale playbook.