$MARA "Bitcoin crash may be caused by whales, data indicate" Although the correction was expected by most investors, the reasons are still uncertain. Glassnode data suggests that whales influenced the fall and are buying more BTC from desperate sellers. "Whales manipulating Bitcoin": Whales are investors who have 1,000 BTC or more. Below, you can see the change of hands that occurred with the BTC: In this way, Simos believes that the correction was planned by the whales as a point of purchase. In other words, it is a quick stop on the rise to accumulate more BTC and reap higher profits. In this sense, it is important to note that “whales” may not be individual investors. Such addresses may belong to exchanges or funds, which are taking the opportunity to buy in the correction.