Bitcoin cash whales dropped following 39% Price surge.

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3 years ago

According to Crypto Twitter user Ali Martinez and cointelegraph, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of whales could have sold their holdings. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings.

This news is a bit sad for Bitcoin cash, We may hope that this incoming weeks the price will go up.

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