In spite of persistent price decline, Bitcoin whales continue to accumulate. However, on-chain data suggested that most might be accumulating to short the king coin Currently trading at a two-year low, Bitcoin [BTC] whales have ramped up the accumulation, on-chain data showed. Read Bitcoin’s [BTC] price prediction 2022-2023 According to CryptoQuant analyst Dan Lim, as BTC’s
![Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation](https://images.cryptocompare.com/news/default/ambcrypto.png "Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation")
