Tags : HODLing

Bitcoin

On-chain data shows Bitcoin (BTC) whales are ‘hodling’ on as

Bitcoin’s (BTC) recent constructive price action reflects upward trends in accumulation and HODLing behavior, as well as elevated on-chain activity and increased network utilization, Glassnode’s report for the first week of October revealed. However, in sync with the positive price action, derivatives markets recorded an influx of open interest, futures premiums, and positive funding rates, […]Read More

Cryptocurrency

Ethereum (ETH) miners are HODLing almost $2 billion in mining

Ethereum (ETH) miner balances continue increasing, as the metric reached a 50-month high, according to a behavior analysis platform Santiment. The on-chain and social metrics analysis provider pointed out that the amount of Ethereum held by miners reached the highest level since July 2016.  Miners hoarding almost $2 billion worth of ETH  The amount of […]Read More

Bitcoin

Tesla sells $272 million of Bitcoin, but Elon Musk is

American electric vehicle and clean energy company Tesla has sold nearly $275 million worth of Bitcoin months after a landmark $1.5 billion investment, it revealed in a filing yesterday. The sale meant Tesla cut its position by 10%, adding over $101 million to its revenues in total. Tesla has made more profit by selling bitcoin […]Read More