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

Here’s how traders use the risk reversal options strategy to maintain “safe” exposure to Bitcoin’s price action. Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at the same time,the Bitcoin exchange-traded funds (ETF) surpassing $1.2 billion in assets under management has also boosted investors’ expectations.Bitcoin price in USD at Coinbase. Source: TradingViewA Nov. 5 CryptoQuant report confirmed that....

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 […]

Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. What are the common crypto whale tracking tools?Whale tracking tools like Whale Watchers, Whale Bot Alerts and others can help investors spot whale action and make quick and timely decisions.Whale tracking tools come with different capabilities, some can be just a simple window on top of a blockchain, while others have analytics and charting capabilities across multiple blockchains. Some only cover crypto whale tracking, while others offer....

It would appear that Bitcoin whales are shifting their BTC into exchanges at an alarming rate, which is a warning that they may be getting ready to liquidate their holdings. Recent on-chain data shows that Bitcoin whale exchange deposits reached $275 million in a single day as the cryptocurrency continues to struggle to cross over $30,000. Bitcoin Whales Moving Funds to Exchanges Tweets from the whale transaction tracker @whale_alert indicate that a total of 9,406 Bitcoins, with an approximate worth of $275 million, have been moved into exchanges through separate transactions.  Related....

Onchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥ $1k) has increased 2% according to statistics from Glassnode. This means the number of large BTC holders (1,940 clusters ≥ $1k) has increased a great deal since the recent Paypal crypto support announcement. Addresses with....