Bitcoin Whales Buy The Dips In This Correction, BTC Back Above $40,000
After facing strong selling pressure over the last weekend, Bitcoin is back above the $40,000 level once again. As of press time, Bitcoin is trading 4% up at a price of $40,536 and a market cap of $770 billion. As the BTC price slipped under $39,000 late Sunday, it seems that whales turned active to The post Bitcoin Whales Buy The Dips In This Correction, BTC Back Above $40,000 appeared first on CoinGape.
What do these metrics mean for Bitcoin?
The crypto fear and greed index showed extreme fear as Bitcoin traded below $35000. In the past two days, the index has gone from fear to extreme fear and this shift came at a time when Bitcoin’s price was recovering. Retail traders across exchanges seemed to disagree with the bullish narrative. Based on the average […]
Crypto Sonar: The Sign That Whales Are Accumulating Bitcoin
Whales are accumulating Bitcoin again, as per the data released by CryptoQuant that shows deeply negative BTC netflow. Yesterday, BTC dropped below $30k for the first time since the start of the year, but it quickly rebounded to around $32k. Signs That Show Rising Bitcoin Accumulation The “sign” to focus on here is BTC netflow […]
Bitcoin (BTC) Whale Accumulation Continues, Millionaire-Tier Holds ~50% of Total Supply
Before its recent move above $40,000, Bitcoin (BTC) has been consolidating for a while in the $30K range. While many retail investors remained skeptical over the last few weeks, the BTC whales have been squeezing the supply silently. As per data on Santiment, Bitcoin ‘millionaire-tier’ addresses holding between 100-10,000 BTC have added a massive 90,000 The post Bitcoin (BTC) Whale Accumulation Continues, Millionaire-Tier Holds ~50% of Total Supply appeared first on Coingape.
Is this the last major threat for Bitcoin and Altcoins’ recovering market?
After consolidating for almost 32-hours between the price range of $34,000-$36,000, Bitcoin managed to avoid another massive drop. The past few hours have witnessed the king coin rise up to $39,800, and it is currently moving sideways in the range. We have highlighted the importance of trading volumes on different exchanges in the past. The […]
Bitcoin (BTC) Whales Have Started Buying Again While Short-Term Investors Book Major Losses
Major FUD has ensued in the crypto market after Bitcoin (BTC) showing a very high volatility dipping twice under $35,000 levels within a week’s time. This comes amid China announcing a major crackdown on Bitcoin miners. This sharp 15% correction has caused Bitcoin (BTC) to lose more than $100 billion of its valuations in no The post Bitcoin (BTC) Whales Have Started Buying Again While Short-Term Investors Book Major Losses appeared first on Coingape.
Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations
The price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]
Bitcoin May Continue to Face Headwind after Plunging to $53,500
Bitcoin plummeted to as low as $53.5K on May 11. However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin. (Read More)
Is NFL Star Tom Brady Loading Up Bitcoins (BTC)?
Over the last few months, celebrities have been warming up to Bitcoin (BTC) and the recent rumor in the town is that American Football sensation Tom Brady is stacking up BTC in his wallet. Blockworks co-founder Jason Yanowitz was the first to tweet about the same. Referring to Tom Brady as the GOAT, Jason asked The post Is NFL Star Tom Brady Loading Up Bitcoins (BTC)? appeared first on Coingape.
Bitcoin (BTC) Jumps Another 4% Gains As Whales And Institutions Buy More
Bitcoin (BTC) has once again given a 4% pullback surging past $58,000 and looking forward to breaking past its crucial resistance of $59,000. At press time, BTC is trading 4.12% up at $58,120 with a market cap of $1.086 trillion. While Bitcoin has been trading flat over the last month and consolidating around $55,000, the The post Bitcoin (BTC) Jumps Another 4% Gains As Whales And Institutions Buy More appeared first on Coingape.
Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent
After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million. Later on in the evening, just before the transition […]
12K Bitcoins Moved Out of Coinbase, Bitcoin Whales With Over 100K+ BTC Surged 3x In 2021
Bitcoin (BTC) supply at exchanges continues to fall further as the world’s largest cryptocurrency consolidates around $60,000 levels. As the BTC price surged past $61,000 levels over the last weekend, another 12.6K Bitcoins moved out of Coinbase as per the latest data from Glassnode. 12,638 #bitcoin was transfered out of Coinbase last night, that's over The post 12K Bitcoins Moved Out of Coinbase, Bitcoin Whales With Over 100K+ BTC Surged 3x In 2021 appeared first on Coingape.
Bitcoin Options Expiry Tipped to Hit $6 Billion Mark
Bitcoin traders and investors are searching to indicate what might move the market as a record near $6 billion worth of bitcoin options is set to expire on March 26. Boosted Market Cap, Dwindling Rally Bitcoin is racing past a trillion-dollar market cap, reaching an elusive milestone and opening the door for new opportunities. Bitcoin returned toRead More
Why Bitcoin (BTC) Valuations Might Never Go Under $1 Trillion Again
Bitcoin (BTC), the world’s largest cryptocurrency has shown some volatility in the last two weeks slipping below $54,000 levels twice. However, it has bounced back strongly and is looking forward to breaking past its all-time high of $61,600. At press time, Bitcoin (BTC) is trading at $57,687 with a market cap of $1.076 trillion. More The post Why Bitcoin (BTC) Valuations Might Never Go Under $1 Trillion Again appeared first on Coingape.
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade. Also, a […]
Bitcoin (BTC) Whale Indicators Suggest the Worst Is Behind Us, Bull Run to Continue
Bitcoin (BTC) has surged past $51,000 levels and is 5% as of writing this article. At press time, BTC is trading at a price of $51,402 with a market cap of $945 billion. CryptoQuant CEO and popular Bitcoin analyst Ki-Young Ju points out that two major indicators suggest that the worst is behind us and The post Bitcoin (BTC) Whale Indicators Suggest the Worst Is Behind Us, Bull Run to Continue appeared first on Coingape.
Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’
While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […]
On-chain Analysis: Bearish Sentiment Ahead for BTC Price As Miner Exchange Inflow Spikes
Bitcoin (BTC) tanked more than 13% earlier today going all the way below $30,000 levels. Although BTC has partially recovered and currently trading around $31,000 levels the bearish sentiment continues in the market as per on-chain data. Major points: F2P Pool Miners Dumping Bitcoin 100k BTC set to Expire at Deribit next Friday Bitcoin price The post On-chain Analysis: Bearish Sentiment Ahead for BTC Price As Miner Exchange Inflow Spikes appeared first on Coingape.
Bearish Sentiment in BTC as Bitcoin Miners Dump BTC At Exchanges
Bitcoin on-chain analysis is indicating that Bitcoin miners are dumping BTC at exchanges. Earlier, Bitcoin (BTC) tanked more than 13% earlier today going all the way below $30,000 levels. Although BTC has partially recovered and currently trading around $31,000 levels the bearish sentiment continues in the market as per on-chain data. Major points: F2P Pool The post Bearish Sentiment in BTC as Bitcoin Miners Dump BTC At Exchanges appeared first on Coingape.
Do Bitcoin hodlers have their hands tied in the current market?
After suffering its first weekly loss since September 2020, Bitcoin failed yet again to consolidate its position above the $36,500-mark. From a low of $33,833 on 17 January, Bitcoin rallied to breach the $36,300-$36,500 range on the charts. However, this was brief, and the crypto-asset soon re-traced back under its resistance level. With the 50-moving […]