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Analytics firm IntoTheBlock has issued a warning about the behavior of deep-pocketed Bitcoin investors, noting signs of exhaustion among whales. The firm reports that wallets holding more than 1,000 BTC are showing disinterest in buying the dip as Bitcoin struggles to maintain bullish momentum above $60,000. Additionally, IntoTheBlock is closely monitoring the activities of investors in Chainlink, a decentralized oracle crypto project, as market participants continue to accumulate LINK despite its bearish price action. At the time of writing, Bitcoin is worth $62,671, down 1.31% in the last 24 hours, while LINK is worth $14, down more than 3.6% on the day. This news comes as a warning to investors to exercise caution and do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets.
