Lone Bitcoin Bitfinex Whale Wants More Blood, Buyers Beware?
Bitcoin remains range-bound moving around $58,5000 and $60,500 as the general sentiment in the market flips bearish. The benchmark crypto trades at $60,327 with sideways movement in the daily chart. Related Reading | Bitcoin Turns Red, Why Bears Aim A Retest of $55K Only two weeks ago, Bitcoin was blasting through resistance levels in the high around its current levels briefly topping at $69,200. This led to an increase in over-leveraged positions and an increase in funding rates across the BTC derivatives sector that left the market vulnerable to a liquidation cascade. This event led....
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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 […]
A whale who bought at $34,000 now looks set to sell near current levels as a large wall of asks appears on Bitfinex. Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitfinex whale flips to sell modeData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137 on March 25 as Wall Street got underway.As $45,000 reappeared for the first time since the start of the month, however, so did all-too-familiar....
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....
The current bitcoin market has not been favorable for investors and is one that can be referred to as a ‘bloody market’. This is not the first time that there will be blood on the streets for the digital asset and will certainly not be the last. This is why looking at what different moves […]
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....