Tag Archives: Bitcoin whales

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

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The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a consolidation range. Interestingly, Bitcoin whales seem to be awakening from… Continue reading Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows→

Bitcoin Whales Buy Up $1.4 Billion Worth Of BTC Amid Heightened Volatility

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Bitcoin whales have continued to show their resilience and unwavering bullishness on the flagship crypto. This category of investors has accumulated a significant amount of the crypto token in the last seven days amid heightened volatility in Bitcoin’s price.  Bitcoin Whales Accumulate $1.4 Worth Of BTC Bitcoin’s recent price surge above $70,000.  Furthermore, these whales’… Continue reading Bitcoin Whales Buy Up $1.4 Billion Worth Of BTC Amid Heightened Volatility→

Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears

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Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of… Continue reading Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears→

Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000

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Bitcoin is rising, recently breaking above $67,000, and heading towards the all-important $70,000, a psychological round number. One analyst took to X amid this uptick, noting that whales holding over 1,000 BTC are not moving their coins to exchanges. Instead, they likely expect prices to spike higher in the coming days and weeks. Though movements… Continue reading Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000→

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

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Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts of Bitcoin, known as whales, are drifting away from active trading. While this could signal a negative trend, the situation presents a complex picture of the cryptocurrency’s market… Continue reading Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market→

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

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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 Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

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Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.  Bitcoin Drops 20% From March High, But Glassnode Is Bullish Glassnode notes that the Bitcoin “macro uptrend still appears to be… Continue reading Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why→

Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm

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Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently price trajectory. Bitcoin Risks Dropping to $52,000, Why? Taking to Elon Musk’s social media platform X, Van de Poppe pointed… Continue reading Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm→

Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?

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Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each… Continue reading Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?→

Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply

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On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Supply Distribution,” which keeps track of the percentage of the total circulating… Continue reading Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply→