No, A Whale Didn’t Cause Bitcoin To Crash Overnight
Bitcoin price is down more than 10% from the weekend’s new all-time high set above $60,000 after an overnight selloff. The now sizable correction was first assumed to be a massive whale dumping more than $1 billion in BTC on crypto trading platform Gemini, but ultimately turned out to be something else. Here’s what actually caused the correction, and why the market was so easily shaken by what was ultimately a non-event. Whale Watching: Bitcoin […]
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The Bitcoin all exchanges whale ratio has soared, which might be an indicator that a crash could be coming soon, based on past patterns. The All Exchanges Whale Ratio Soars As pointed out by a CryptoQuant post, the Bitcoin All Exchanges Whale Ratio had a sharp spike on Sunday. The BTC All Exchanges Whale Ratio […]
Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors. This sharp decline could have significant repercussions for the meme coin’s price, especially as Shiba Inu has been under severe downward pressure in the last few months. Shiba Inu Whale Net Flows […]
Here's a look at what we are focusing on in the bitcoin price this morning. Another day, another opportunity to draw a couple of dollars from the bitcoin market on any volume induced volatility. That’s the saying, right? Well, it’s what we’re going to try and do today. The week so far has been mixed. We got9 a running start after a great weekend, but then price essentially died overnight on Tuesday/Wednesday (died as in remained flat, it didn’t crash or anything like that) and we didn’t manage to get in to anything for a few hours. Wednesday afternoon, however, price did crash (on the....
The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market. Market sentiment had crumbled during this time as investors had scrambled to sell their holdings. However, not everyone saw the declining prices as a signal to sell before prices tank even more. Whales, who control a large portion of the circulating supply, took this as a cue to buy and have been filling their bags....
While most of the crypto market seems to have entered panic mode, one Bitcoin whale has gone on an incredible buying spree. The very young whale has only been here for three months but it now boasts one of the largest BTC holdings in the industry. However, the question for now is, while this whale […]