Bitcoin Breaks $30,000 As Whales Show Outflow Activity

Bitcoin Breaks $30,000 As Whales Show Outflow Activity

Bitcoin has broken above the $30,000 mark as on-chain data shows whales have been making some large outflows during the past day. Bitcoin Whales Have Made Large Exchange Outflows Today According to data from the on-chain analytics firm Santiment, 11 large BTC outflows were made from exchanges today. The relevant indicator here is the “exchange […]

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Whale clusters pinpoint 4 critical short-term Bitcoin price levels

The Bitcoin (BTC) price faces numerous heavy resistance levels in the near term, whale clusters from Whalemap show. The latest Bitcoin (BTC) whale clusters’ data shows four key short-term price levels could potentially act as resistances, namely $10,369, $10,570, $10,734 and $10,842.The hourly map of unspent Bitcoin from whales. Source: WhalemapWhalemap, an on-chain analysis firm that tracks Bitcoin whale activity, observes areas where whales, or high-net worth individuals, accumulate or move their holdings. Green clusters indicate areas where whales last bought Bitcoin. Given the tendency....

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Bitcoin whales are accumulating BTC around $48K, on-chain data suggests

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