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Monday, January 11, 2021 12:03:04 PM
“Profit-taking once Bitcoin passed $40,000 triggered small investors who are, understandably, more prone to panic (and excitement) and resort to selling faster,” Antoni Trenchev, co-founder and managing partner of Nexo, told Decrypt.
Elias Simos, protocol specialist at node infrastructure provider Bison Trails, tweeted, “While you were selling, whales were gobbling up your Bitcoin.”
They’re now getting a hefty discount too.
Recent BTCUSD News
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