BTC's Accumulation Trend Score approaches zero, indicating increased coin distribution. Whale accumulation declines, network activity drops, and new demand dwindles. Exchange reserves surge, suggesting heightened sell-off activity. Bulls may struggle to gain momentum amid resistance at $63,000.
EdmundWhales show reduced appetite for Bitcoin dip buying, signaling potential shift in market behavior. Despite recent declines, institutional interest and historical patterns hint at Bitcoin's future price potential.
Xu LinPeople who hold at least 1,000 Bitcoins are called "Bitcoin whales."
JinseFinanceBitcoin whales, holding between 100 to 1000 BTC, have been aggressively accumulating during price dips, totaling millions of dollars. While this suggests anticipation of a bullish trend, diminishing conviction among whales raises concerns about market sustainability.
EdmundOn the Trail of Bitcoin Whales: Track their strategies, from manipulation to stop-loss hunting, and explore their market impact on cryptocurrency trading.
JinseFinanceIt is expected that BlackRock will penetrate deeper into the encryption industry and become a decisive force in the future. As the world's largest asset management institution, why is BlackRock interested in cryptocurrency? What impact will it have on the subsequent development of the encryption industry?
JinseFinanceBitcoin's recent surge sees whales and sharks accumulating aggressively while smaller holders exhibit mixed behavior. With whales holding 84,000 BTC more and sharks increasing their net position by 244,000 BTC, sentiment divides between smart money and dumb money, hinting at bullish prospects despite price volatility and challenges in price discovery.
Xu LinThere are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.
CointelegraphSmaller bitcoin whales are still resisting the urge to sell amid bitcoin “whale” sell-offs, data shows.
CointelegraphThe number of addresses holding at least 1,000 bitcoins has increased in recent weeks.
Cointelegraph