Tags : whales

Bitcoin

Whales bought 40,000 Bitcoin during the dip this week

While many individuals might see the recent crypto market correction as a reason not to invest in any of the crypto assets, Bitcoin whales have taken advantage of the dip to buy over $2 billion worth of the flagship digital asset. Bitcoin whales buy more BTC despite the dip Data shared by Santiment recently revealed […]Read More

Bitcoin

Bitcoin Bearish Signal: Whales Now Make Up For 91% Of

Data shows Bitcoin whales now account for 91% of the deposits going to exchanges, a trend that could be a bearish signal. Bitcoin Exchange Whale Ratio Surges To 91% As pointed out by a CryptoQuant post, the BTC all exchanges whale ratio has now risen to 91%, a historically bad sign for the crypto. The […]Read More

Bitcoin

Bitcoin Whales Show Largest Movement Since 2017

On-chain data shows Bitcoin whales are currently showing the largest movement since 2017. Here’s what it might mean for the crypto. Current Bitcoin Whale Activity Is The Largest Since 2017 As pointed out by an analyst in a CryptoQuant post, on-chain data shows signs of big whale activity not seen since 2017. The relevant indicator […]Read More

Cryptocurrency

Shiba Inu (SHIB) whales are responsible for 300% price jump

Data from behavioral analytics firm Santiment suggests Shiba Inu whales are behind every one of the price pumps since $SHIB first took off this month. By overlaying price with transaction counts greater than $100,000, they noted spiking transaction counts (over $100,000) were followed by increases in the price of $SHIB. “But keep an eye on […]Read More

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

Bitcoin

VanEck files Bitcoin ‘mutual fund’ with SEC even as ‘whales’

Exchange-traded funds (ETFs) and mutual fund provider VanEck has filed for a new Bitcoin fund in the US, a filing with the Securities and Exchange Commission (SEC) shows. Routed via Cayman Islands Called the new “Bitcoin Strategy Fund,” the instrument will invest in Bitcoin “futures” and other publicly traded financial products that provide exposure to […]Read More

Cryptocurrency

Ethereum makes new all-time high thanks to ETH whales

The second-largest cryptocurrency by market capitalization has been on a roll lately. Following one of the steepest corrections seen since the beginning of the year, Ethereum was able to bounce off to new record highs.  Ether saw its market value rise by more than 30%, going from a low of $2,060 on Apr. 23 to […]Read More