Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge A...
Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks with its price now hovering above $98,000, marking a 2.6% increase in the past 7 days. Alongside this price movement, new data have emerged highlighting significant activity among large holders on exchanges, suggesting a shift in market dynamics. Related Reading: Bitcoin Open Interest Climbs—Is a Market Breakout Around the Corner? Bitfinex Whales....
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Data show Bitcoin whales have set large buy orders in the $17,000 to $17,200 zone in order to protect the current BTC rally. According to analysis from Edward Morra, a popular Bitcoin trader, Coinbase and Bitfinex exchange now have major buy orders above $17,200. The emergence of major buy walls is important because on Nov. 18, BTC flash crashed to around $17,222. This shows that whales are using large buy orders to defend the $17,200 support area with strength.Bitcoin buy wall on Bitfinex. Source: Edward Morra, TradingLiteHow strong is the $17K support? Both whale clusters and exchange....
Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days. Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com So says Joe007, a pseudonymous entity that was once the most successful traders on the BitFinex crypto exchange. The former whale […]
Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again as the market retraces from its weekend surge. As a result of this, Dogecoin and Shiba Inu saw a notable spikes in their large whale transactions between Sunday and Monday, with the latter seeing a particularly large […]
GoodEgg (GEGG) has been making waves in the meme coin world, catching the attention of crypto analysts and investors alike. With its upcoming launch, many are wondering whether GEGG can challenge the dominance of Pepecoin (PEPE) in terms of 24-hour trading volume. While PEPE continues to see significant whale activity, GoodEgg (GEGG) could be on the verge of a major breakout, with some analysts predicting a potential 13,000% surge. The Rise of PEPE: Whale Activity Surges In the past 24 hours, Pepecoin (PEPE) has experienced yet another surge in whale activity. According to data from....
The Bitfinex hackers have moved thousands of Bitcoins in 2020. Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets.According to data from crypto transaction tracking service Whale Alert, Bitfinex hackers moved more than $4.6 million in stolen BTC on Oct. 8. These funds were sent to unknown wallets in two separate transactions of 435 BTC and 8 BTC.But the hackers have moved far more than this amount earlier this week. According to Whale Alert, Bitfinex hackers completed seven....