Bitcoin Whale Movements Now Raising ‘Caution Flags,’ Says Crypto Analytics Firm Santiment

A leading crypto analytics firm is issuing an alert to Bitcoin (BTC) holders that the large whale transactions over the past month could be a cause for concern for investors of the king crypto. Santiment says that the five biggest Bitcoin transactions so far this year all occurred in March, with the largest BTC transfer worth about $564 million. According to Santiment’s marketing director Brian Quinlivan in a new blog post, the size of the BTC transactions along with the decrease in Bitcoin’s whale and shark population could suggest that large entities are locking in gains. “Based on the very