Bitcoin Whales’ Covered Call Selling Stifles Price Surge Near $90K, Analyst Warns
Bitcoin Whales’ Covered Call Selling Is Crushing Spot Prices, Analyst Warns Bitcoin’s price is languishing near $90,000, and while institutional demand through spot ETFs screams bullish, a cunning play by long-term holders—so-called Bitcoin whales or OGs—is stifling any breakout. Market analyst Jeff Park has zeroed in on covered call selling by Bitcoin whales, a derivatives […]
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