Whale Watching
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Whale Watching. We’re seeing some rare whale activity spotted in the BTC market, with whale SOPR dipping into the negative territory in the first week of July 2021, and no clear indication of upward movement anytime soon. This shows that whales have been transacting BTC at a loss (i.e. current market price < original price) for an extended period of time, which in turn presents a potential buying opportunity.