While Bitcoin continues to trade within the $60,000 to $70,000 range, a new wave of optimism is emerging from on-chain analysis. Willy Woo, an on-chain analyst, took to X on May 7 to point out an exciting development: high-net-worth BTC holders have been rapidly accumulating the coin. High Net-worth Whales Accumulating In a chart, the analyst […]
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]
On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently. Bitcoin Whales Have Participated In Net Accumulation Since March 1st As explained by the on-chain analytics firm Santiment in a post on X, the large BTC holders in the market haven’t […]
On-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling. Bitcoin Inflows For Binance & OKX Have Stayed Low Recently As pointed out by CryptoQuant founder and CEO Ki Young Ju in a post on X, the BTC deposits for cryptocurrency exchanges Binance and […]
Here’s how the Bitcoin holdings of Michael Saylor’s Microstrategy stack up against the spot exchange-traded funds (ETFs) and other large holders. Bitcoin Holdings Of Microstrategy & Other Large Holders Compared In a post on X yesterday, HODL15Capital shared a table that compared the data for the holdings of the various large entities in the Bitcoin […]
On-chain data shows a chunk of Bitcoin previously dormant since 10+ years ago has just been moved across the blockchain by a whale. Bitcoin Whale Transfers 1,000 BTC Unmoved Since 10+ Years Ago As pointed out by CryptoQuant Netherlands community manager Maartunn in a post on X, the BTC network has just witnessed the movement […]
On-chain data suggests the Bitcoin whales have just participated in some large distribution, but the asset’s price has managed to hold on so far. Bitcoin Whales Are Selling, But Sharks Are Expanding Holdings According to data from the on-chain analytics firm Santiment, large BTC wallets are displaying an interesting pattern right now. The indicator of […]
In an extraordinary run, Bitcoin has managed to go as high as $64,000, but is this rally justified? Here’s what on-chain data suggests. Bitcoin On-Chain Activity-Related Metrics Are All Up Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how the on-chain activity has been looking like for Bitcoin […]
Bitcoin has broken above the $59,000 level recently as whales have been making huge withdrawals from the cryptocurrency exchange Bitfinex. Bitcoin Whales Have Taken Out $240 Million Worth Of BTC From Bitfinex As explained by analyst James Van Straten in a new post on X, Bitcoin’s latest push towards the $60,000 level has, in part, […]
Following a week of little price movements, Bitcoin (BTC) gained by 0.50%, maintaining its value within a consolidation range of $51,000 – $52,500. However, despite this period of inaction, Bitcoin investors have maintained a consistent level of high accumulation, according to an observation from crypto analyst Ali Martinez. Interestingly, blockchain data analytics company Santiment has […]
Bitcoin has witnessed a plunge under the $51,000 level during the past day, here’s what’s potentially behind this decline according to on-chain data. Bitcoin Has Slipped Under The $51,000 Level During The Past Day Yesterday, Bitcoin had observed a sharp surge to touch the $53,000 level and set a new high for the year, but […]
On-chain data shows the largest of the Bitcoin whales have switched to selling recently, a potential sign that these investors think the top is in. Bitcoin Investors With More Than 10,000 BTC Are Now Distributing In a new post on X, analyst James V. Straten has shared a chart that shows the behavior the different […]