Whales on Hold: Why Major Traders Are Reluctant to Go Long on Bitcoin Despite a 14% Rebound
Oscillations That Fail to Convince — The Rally and Immediate Skepticism Bitcoin recorded a double-digit rebound, briefly trading above $72,000 and rallying roughly 14% after falling to $60,130. On the surface, that kind of recovery would normally rekindle appetite for long positions. Yet derivative-market indicators reveal a contrasting picture: large accounts — whales, market makers…