Tag Archives: Bitcoin Profit-Taking

Bitcoin HODLer Selloff Extends To 1.1 Million BTC As Profit-Taking Continues

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On-chain data shows the Bitcoin long-term holders have shed a significant amount of the cryptocurrency from their holdings recently. Bitcoin Long-Term Holders Have Been Realizing Notable Profits Recently In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how supply has shifted between BTC short-term holders and long-term holders recently. The “short-term… Continue reading Bitcoin HODLer Selloff Extends To 1.1 Million BTC As Profit-Taking Continues→

Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?

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On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Whale Transaction Count,” which keeps track of the total amount of transfers taking place on the BTC… Continue reading Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?→

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

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An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors… Continue reading Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals→