Bitcoin (BTC) Price Recovers To $32K As Whales, Institutions Buy The Dip

-Bitcoin’s price showed a mild recovery after crashing below $30,000 on Monday
-Whales and institutional traders are seen accumulating BTC at lower prices, which has resulted in the BTC price recovering marginally to trade around $32,096
-As per WhaleAlert, BTC saw heavy outflows from exchanges such as Gemini, Coinbase, and Bitfinex in the last few hours
-In fact, Bitcoins worth more than $500 million have been transferred to an unknown whales wallets
-The on-chain data by Santiment depicts Bitcoin (BTC) is very close to dipping into the historic buy zone, which generally sees prices bounce from lower levels
-The data shows average profitability levels are the most negative since late January
-Despite whale accumulation, the Bitcoin price is still trading in a range

Bitcoin whales Bitcoin (BTC) Price Recovers To $32K As Whales, Institutions Buy The Dip
Bitcoin (BTC) Price Recovers To $32K As Whales, Institutions Buy The Dip 2

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