Bitcoin & Ethereum Whale Populations Quietly Growing, On-Chain Data Reveals
On-chain data from Santiment shows both Bitcoin and Ethereum whale address counts grew in August, signaling steady accumulation. Bitcoin & Ethereum Whales Have Seen Their Counts Go Up Recently In a new post on X, on-chain analytics firm Santiment has revealed how the whale populations have shifted on the Ethereum and Bitcoin blockchains recently. Whales refer to the key stakeholders of a cryptocurrency who hold amounts large enough that they can carry some degree of influence in the market. The exact scale of these investors is defined differently across networks. For BTC, whales are....
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CryptoQuant’s Bitcoin Bull Score Index has dropped to a value of 20, hinting that a potential bearish transition could have occurred for the asset. Bitcoin Bull Score Index Is Now In “Extra Bearish” Territory In a new post on X, CryptoQuant community analyst Maartunn has shared how the analytics firm’s “Bull Score Index” has changed for Bitcoin after its recent price drawdown. The Bull Score Index is an indicator that tells us about the market phase the cryptocurrency is currently going through. It determines this by referring to a bunch of key on-chain....
Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Related Reading: Chainlink 125% Target In Sight As Whale, On-Chain Activity Soar—Analyst Growing Whale Activity Santiment reported that the number of transactions made by Ethereum whales saw a huge spike in recent days. ETH whales refer to large investors who....
Ethereum is showing renewed strength after days of intense selling pressure and widespread uncertainty across the crypto market. Following a sharp drop below the $3,300 level, bulls are now attempting to reclaim $3,600, with the next major objective set at $4,000 — a level that could confirm a shift in market momentum if conquered. Related Reading: SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details Amid this recovery effort, key on-chain data highlights a surprising move from one of the market’s most closely watched traders — the so-called Anti-CZ Whale. This investor....
On-chain data shows Ethereum whales have recently ramped up their accumulation, a sign that could be bullish for the asset’s price. Ethereum Whales Have Been Buying Big According to data from the on-chain analytics firm Glassnode, the Ethereum whales have been participating in a very significant amount of accumulation during the past week. Related Reading: […]
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 […]