Bitcoin’s mystery whale continue to keep everyone guessing

*After rallying for weeks, Bitcoin started trading on a slow note. As the day progressed, Bitcoin was hovering slightly above US$ 55000 at one point.

*Bitcoin did get a significant kick, courtesy of the whale incident. The cryptocurrency saw an immediate spike, with prices skyrocketing by 5% and hitting US$ 57,627 at one point.

*Rumours now suggest that the ‘whale’ or ‘whales’ could be Asian/s. This is based on the assumption that there are individuals or companies out of China, which recently banned cryptocurrencies, wanting to make most of the crypto’s current bullish run.

*Few communities pointed at unexpected players, such as Africa and El Salvador, as the whale. But all-in-all, the mystery still looms large on the brain or brains behind the huge transactions.





Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK