XRP Traders Face Fresh Selling Pressure As Large Holders Move Out
XRP is under renewed selling pressure after data showed big holders are moving large sums out of the market. Related Reading: A 5% Bitcoin Drop In October? History Shows That’s Rare According to CryptoQuant analyst Maartunn, on average whales have been net moving about $50 million per day away from XRP holdings. That flow has coincided with renewed price weakness and sharper swings than seen in recent weeks. Price Slips After Early October Rally After pushing above $3.00 on October 3, XRP slid back sharply. Reports show the token fell below $2.50 roughly a week later. Since that dip the....
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Bitcoin has reclaimed the $115,000 level, restoring momentum after weeks of uncertainty and signaling that bulls are regaining strength. The move comes as traders push back against selling pressure, with renewed optimism spreading across the market. For many, the rebound highlights Bitcoin’s resilience and its ability to bounce after testing key support levels. Related Reading: The Bitcoin Long: Bybit Traders Push BTC Taker Buy/Sell Ratio Above 24 Yet, not everyone feels convinced. Several analysts warn that despite the recent upside, Bitcoin may still face the risk of a deeper correction.....
On-chain data suggests the Bitcoin Long-Term Holders are currently putting more selling pressure on the market than short-term holders. Bitcoin Long-Term Holder SOPR Has Spiked Up In Recent Days As explained by an analyst in a CryptoQuant post, Short-Term Holders and US investors haven’t sold as much lately as during the start of June. The […]
Since the general crypto market entered a volatile period, Bitcoin has faced persistent heightened selling pressure from investors and traders in the past weeks, causing BTC’s price to drop sharply toward the $93,000 support level. After a period of bearish behaviors, optimism seems to have returned to the market as evidenced by a reduction in […]
Bitcoin is trading at a decisive level after surging to fresh all-time highs, touching $124,000 before pulling back. Bulls remain in control, but the market now shows signs of hesitation, with BTC struggling to confirm momentum above $120,000. This price action reflects indecision among traders as the market balances profit-taking with renewed accumulation. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records On-chain data highlights a key shift in dynamics. After a sharp increase in the 30-day average Coin Days Destroyed (CDD) — a metric often used....
Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst Crazzyblockk, one key factor contributing to this downward movement appears to be increased selling pressure from large Bitcoin holders. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Whales and....