Since yesterday afternoon, Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, traded 4.2% higher, as of 11:16 a.m. ET today. There is no obvious reason behind the move, but a few different things could be driving it.
According to data from blockchain trackers, some large whale investors have moved in recently and bought up Bitcoin, reversing some of the liquidations seen last week.
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Source Fool.com