Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week. Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently As explained by CryptoQuant author Axel Adler Jr in a post on X, the demand among the short-term holder whales has decreased since the… Continue reading Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash In a new post on X, Maartunn discussed BTC’s recent close below the realized price of the short-term holders and… Continue reading Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?

On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about how the holdings… Continue reading Newbie Bitcoin Whales Hold 2x As Much As Veterans: What’s Behind This Trend?

Is The Bitcoin Top Already Here? This Historical Pattern Says So

A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether the Bitcoin investors… Continue reading Is The Bitcoin Top Already Here? This Historical Pattern Says So

Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In a new short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. The… Continue reading Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales

Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant Quicktake post, BTC’s price had neared the Realized Price of the short-term holder whales… Continue reading Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales