BTC Whale With Links To Well-Known Exchange May Have Triggered Bitcoin Price ...

BTC Whale With Links To Well-Known Exchange May Have Triggered Bitcoin Price ...

The recent drop in bitcoin’s price may come from reactions to the movement of large amounts of bitcoin.Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what's happening in the market.A whale that transfers large amounts of BTC to an exchange usually does so to sell their holdings. Whenever a whale withdraws bitcoin from an exchange, the market interprets the transfer as an....


Related News

Bitcoin “Exchange Whale Ratio” Is Rising: Why This Could Be Alarming

On-chain data shows the Bitcoin Exchange Whale Ratio has been on the up recently, a sign that could prove to be bearish for the asset’s price. 60-Day MA Bitcoin Exchange Whale Ratio Has Been Rapidly Climbing Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Whale Ratio has seen sharp […]

Bitcoin Binance Exchange Whale Ratio Is Declining: What It Means

On-chain data shows the Bitcoin Exchange Whale Ratio for Binance has been going down recently, a sign that may be bullish for BTC’s price. Bitcoin Binance Exchange Whale Ratio Is Calming Down As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin whale selling pressure may be decreasing on the cryptocurrency exchange Binance. […]

Bitcoin Breaks $24k As Exchange Whale Ratio Declines

On-chain data shows the Bitcoin exchange whale ratio has declined recently as the crypto surges above the $24k mark. Bitcoin Exchange Whale Ratio (EMA 7) Is Currently Below 0.50 As per a post from CryptoQuant, the BTC exchange whale ratio has gone down recently while the price has surged up. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top 10 Bitcoin transactions to exchanges and the total exchange inflows. exchange whale ratio = sum of top 10 inflow txs (in BTC) ÷ total exchange inflows (in BTC) Here, the ten largest transfers are....

XRP Whale Makes $68.7 Million Coinbase Deposit—Cashing In On Price Surge?

On-chain data shows an XRP whale has made a large inflow into the Coinbase exchange, a sign that could be bearish for the asset’s price. An XRP Whale Has Made A Huge Transaction During The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a large movement has taken place on […]

Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow ...

Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading exchange Robinhood. Whale Pulls Out Almost $40 Million From Robinhood The Shiba Inu whale transactions that have got tongues wagging were first picked up on June 20 by the on-chain whale tracking platform Whale Alert. According to the report, the whale had removed a total of 2,2 billion SHIB from the exchange, which was worth approximately $40....