XRP Profit-Taking From 300% Green Whales Has Paused—But For How Long?

On-chain data shows the Bitcoin long-term holders locked in a significant amount of gain around the time of the latest price plunge. Bitcoin HODLer Whales Have Shown Profit-Taking Spree Recently As explained by analyst Ali Martinez in a new post on X, long-term holder whales have participated in some profit-taking recently. “Long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle This cohort is considered to represent the....

On-chain data shows the short-term holder Bitcoin whales have returned to a state of profit following the recovery surge in the asset’s price. Bitcoin Is Back Above Realized Price Of New Whales As explained by on-chain analytics firm CryptoQuant in a new post on X, the Bitcoin short-term holder whales are back in the green. […]

Since issuing a buy signal the other day, Bitcoin quickly jumped $40/coin. There it met resistance at $780, which was predictable given that the recent swing high was stopped there. $780 was discussed in our last update as a likely place of profit-taking. This has come to pass. The question is: What is next?” In my opinion, while of course there will be lots of profit-taking and turbulence along the way, there is little (long-term) resistance before ~$860. There, price will hit the top of the square and could (perhaps) make a swing high there. If price breaks above the top of the square,....

While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish. After weeks of Bitcoin (BTC) sell-offs, high-net worth Bitcoin holders, or whales, are finally back to buying. Their buying activity not only picked up when BTC's price broke out of the two-months ascending triangle to new all-time highs, but it has also stayed intact since the price crash on April 18.Whales have come back to accumulate BitcoinWhales' continuous buying activity comes at a time when the number of addresses holding more than 1,000 Bitcoin has....

A report from Glassnode suggests Bitcoin long-term holders have already realized more profit this cycle than in most of the previous ones. Bitcoin Long-Term Holder Profit-Taking Could Hint At Late-Stage Bull Phase In its latest weekly report, on-chain analytics firm Glassnode has discussed how the cumulative profit taken by the long-term holders (LTHs) has looked […]