In April, the number of Bitcoin addresses holding over 1,000 coins increased significantly, indicating that large investors, or “whales,” are actively accumulating Bitcoin. According to data from Glassnode, 60 new wallets were created since March, bringing the total to a four-month high of 2,107. This surge mirrors past spikes seen when the Market was booming. ...
In April, the Bitcoin Market has experienced significant ups and downs, with investors showing mixed emotions. Notably, Bitcoin whales, or major holders, have been accumulating more BTC, adding 53,600 BTC recently, which now accounts for nearly 68% of the total supply. This accumulation suggests that these influential investors are optimistic about future price increases despite ...
Bitcoin’s price fell below its upward trend over the weekend, hitting $81,222 on March 31, marking its most challenging quarterly performance since 2018. However, large investors, known as whales, are showing signs of accumulating Bitcoin similar to the 2020 bull Market. Despite the current price drop, analysts note that these whales aren’t selling off their ...
Bitcoin’s recent correlation with the NASDAQ 100 has reached 70%, indicating increased sensitivity to broader economic factors. Analysts from Matrixport express concerns that this high correlation might not last, suggesting a possible divergence from tech stocks soon. Meanwhile, the impending movement of $1 billion in Bitcoin from the defunct Mt. Gox exchange could add downward ...
Bitcoin recently hit a four-month low of $76,600 on March 11, but long-term holders are showing a notable trend of retaining their assets, suggesting potential bullish sentiment in the Market. Research from Glassnode indicates a decline in selling pressure among these holders, pointing to a shift in behavior as they prefer to hold onto their ...
Bitcoin recently hit a four-month low at $76,600, but long-term holders are still retaining significant amounts of BTC, hinting at a unique Market trend ahead. Research from Glassnode indicates that selling pressure from these holders, who have kept their coins for at least 155 days, is diminishing, suggesting a shift in sentiment towards holding rather ...
In the last 30 days, Bitcoin whales have accumulated over 65,000 BTC, indicating strong buying interest despite a Market decline. This trend shows a consistent rise in whale holdings since February, similar to patterns seen late last year. Meanwhile, the Coinbase premium—a measure of Bitcoin prices on Coinbase compared to other exchanges—has formed higher lows, ...
Bitcoin’s price remains under $100,000 as retail traders and small investors sell off their holdings out of fear of a larger Market correction. Current on-chain data reveals a significant drop in non-empty wallets, hitting the lowest level since December. Experts suggest that while retail fear decreases, large holders, called whales, are accumulating Bitcoin, which may ...
Bitcoin’s price has begun to recover, trading above $98,000 after a nearly 5% drop in the past two days. Eric Trump has suggested adding Bitcoin to their family-backed platform, World Liberty Financial, which may be helping this rebound. Data from Santiment reveals that Bitcoin whales are accumulating more BTC during this downturn, while retail investors ...
Ripple’s XRP is experiencing a significant surge, with whales accumulating over $1.8 billion in tokens as weekly active addresses increased by 200%. Recently, WisdomTree filed for an XRP ETF with the SEC, indicating growing institutional interest. Investors have realized more than $2.7 billion in profits following a large token unlock by Ripple, leading to a ...
