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Analyst: In the past 1 weeks, whales reduced their holdings by approximately 30000 coins BTC, while increasing their holdings by 60000 coins ETH,XRP holdings were basically unchanged

PANews October 1 reported that crypto analyst Ali posted that during the past 1 weeks, while the crypto market as a whole traded sideways, whale holdings of different assets diverged significantly. Data showed that Bitcoin whale holdings decreased by approximately 30000 coins BTC, worth approximately 2520000000 USD, indicating that large holders are reducing their Bitcoin exposure. By contrast, Ethereum whales increased their holdings by approximately 60000 coins ETH, worth approximately 162000000 USD。XRP whale holdings remained basically stable, with total holdings over the past 1 weeks remaining at approximately 3900000000 coins XRP; no significant changes were observed. Ali said that the market currently shows a divergent pattern of “Bitcoin whales reducing holdings, Ethereum whales buying, and XRP whales watching from the sidelines,” and that these changes warrant attention.

Source: https://www.panewslab.com/zh/articles/01a0f6ad-1323-753b-92d3-38cc79522cb8