When Bitcoin staged a notable recovery from recent lows, on-chain data and trading activity painted a picture of renewed confidence in the market. More than 3 million BTC transitioned from being held at a loss to now sitting in profit — a clear sign of sentiment shifting in favor of bulls. Among those capitalizing on the turnaround while we were going to press was well-known whale trader James Wynn, who has reportedly turned a high-leverage position into millions in unrealized gains in just a matter of days. The local low in the market was about $74,000, a level that left
The post Bitcoin Market Rebounds Strongly as Over 3M BTC Exit Underwater Positions; Whale Trader James Wynn Scores Massive Gains appeared first on The Merkle News.
