Bitcoin whales sent BTC price to $64K as Coinbase Premium broke key level: CryptoQuant

CoinTelegraph·

Bitcoin whales sent BTC price to $64K as Coinbase Premium broke key level: CryptoQuant

60-second summary

Bitcoin whales are currently driving the price to $64K as Coinbase Premium breaks a key trend line, according to CryptoQuant analysis. The premium, which measures the difference between Coinbase and Binance prices, has surpassed a crucial level, indicating strong buying pressure from US-based whales. This surge in demand is pushing the Bitcoin price upward.

Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported.