Category: BTC Whales

On-Chain Metrics Suggest Bitcoin Price Heading for Second Dump

Bitcoin price correction of over $10,000 on Monday led to high volatility in its price as traders both institutional and retail were seen selling aggressively. This also led to record trading volumes across several crypto exchanges in both the spot and futures market. While the market pullback did not really deter long time hodlers and […]

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Bitcoin (BTC) Supply At Exchanges Highest In Nine Months, Moment of Caution?

Bitcoin (BTC) price has jumped more than 30% so far in 2021 and is currently making yet another attempt to breach $41,000 levels. At press time, Bitcoin (BTC) is trading at $40,815 with a market cap of $759 billion. The recent BTC price rally has made investors anxious about what’s to come next as Bitcoin […]

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The War of Bitcoin (BTC) Whales, An Interesting Take At Who’s Buying and Who’s Selling

Well, if anything is responsible for the current price surge in Bitcoin (BTC), it’s the war among the Bitcoin whales that took its price above $40,000. BTC has surged over 34% since the beginning of 2021 so far and if we look at the buying pattern, whales have been buying at different BTC price points […]

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Bitcoin (BTC) Registers Strong Pullback from $23,500 As Whales Short Heavily

After a wild run all the way to above $23,500 levels, Bitcoin (BTC) registered a strong pullback as short order pile up heavily. In less than 15 minutes, Bitcoin (BTC) has lost $1000 of its price from its new all-time high of $23,586. At press time, Bitcoin is trading at $22,441 levels with a market […]

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Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥ […]

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