Open interest plummets after January BTC options expiration, whales holding over 1,000 BTC buy $3 billion BTC this month, weighing on further gains?

Hong Kong crypto media outlet Meta Era, citing Into the Block data, reports that "whale addresses holding 1,000 BTC or more bought a total of 76,000 BTC (worth $3 billion) in January. They hold an average of $7.8 million worth of BTC," weighing in on the possibility of further gains. Meanwhile,...