Category: BTC supply

Bitcoin Whales Continue Massive Accumulation As BTC Supply Moves to Strong Hands

As Bitcoin (BTC) continues to move sideways whales have been grabbing the supply in the meanwhile. As per on-chain data provider Santiment, Bitcoin millionaire-tier whale addresses have accumulated a staggering 60,000 Bitcoins over the past week. The data provider noted: If you’ve been waiting for #Bitcoin whales to show signs of accumulation, our data indicates it’s […]

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Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation

Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation

Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is the fact that the system […]

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Bitcoin Whales Dominate BTC Price Movement and Ownership Even Today

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still […]

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Report: Bitcoin Set for its Biggest Breakout Yet

Report: Bitcoin Set for its Biggest Breakout Yet

A recent Coinmetrics report says on-chain fundamentals are hinting at bitcoin experiencing its biggest breakout yet. The report notes that bitcoin is already showing signs of this following its rise by about $1,000 in one day on October 21. The digital asset has subsequently set a new all-time high for the year. A New Precedent […]

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