Whales Dive Back In As Bitcoin Cash Retreats From 8-Month Peak—Is This The Dip They’ve Been Waiting For?
Bitcoin Cash takes a breather after its bullish sprint—but the big players aren’t walking away just yet.
Whale Watch: Big Money Stays Put
Despite the pullback from its highest level in eight months, on-chain data reveals whales are still accumulating BCH. Classic ‘buy the dip’ behavior—or are they just propping up the price for their exit liquidity? (We see you, Wall Street of crypto.)
Technical Check: Healthy Correction or Trend Reversal?
The retracement follows a 45% rally since June—expected profit-taking, or something more sinister? Key support levels held… for now.
The Cynic’s Corner
Ah yes, the timeless crypto tradition: ‘This time it’s different’ meets ‘Number go up.’ Meanwhile, retail waits tables while whales play hot potato with bags.