Binance Whales Turn Active On Uniswap As Outflows Hit Multi-Month Highs – Det...
Uniswap (UNI) has been consolidating since the October 10 market crash, with price action stabilizing but volatility still lingering. The decentralized exchange (DEX) token has struggled to regain its previous momentum, reflecting the broader uncertainty across the altcoin market. Analysts remain divided on its short-term outlook — some view Uniswap as a key driver of Ethereum’s DeFi ecosystem and a potential leader in the next recovery phase, while others caution that lingering liquidity stress and waning trader activity could spark more turbulence ahead. Related Reading: Bitcoin Supply....
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Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didn’t want any direct exposure to the digital asset to trade on it. However, it seems the wind is starting to change as outflows become the order of the day. Outflows Rock Bitcoin ETPs The market is still reeling from entering a new month but the effects of the month of April continue to linger. Being a....
Binance saw its biggest Bitcoin outflow in history after $816 million (58,861 BTC) was withdrawn in one day. Binance saw its biggest Bitcoin (BTC) outflow in history on Nov. 3, according to data from CryptoQuant. A total of 58,861 BTC were withdrawn on a single day, equivalent to $816 million.The significant spike in outflows could suggest two things. First, it might show that whales could be bracing for a rally in the near term. Second, an over-the-counter deal could have occurred, causing whales to move their funds.Bitcoin outflows on Binance. Source: CryptoQuant.comOn-chain activity....
Even as bearish pressure builds, Bitcoin’s price continues to hold above the $109,000 mark after its recent rebound that pushed its price beyond $110,000. BTC’s rebound has triggered a wave of renewed conviction, as evidenced by massive outflows by whales on the Binance crypto platform. Large BTC Holders On Binance Draining Holdings As Bitcoin surges […]
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high-profile tokens rose to multi-month highs. Filecoin was one such token, however, it too declined today, falling for a third straight day. Uniswap (UNI) Uniswap (UNI) fell to a one-week low on Tuesday, just over ten days after the token was trading above a three-month high. Following a high of $9.84 last Monday July 28, UNI/USD dropped to an intraday low of $8.37 earlier today. This drop sees UNI extend recent....
Bitcoin has broken above the $30,000 mark as on-chain data shows whales have been making some large outflows during the past day. Bitcoin Whales Have Made Large Exchange Outflows Today According to data from the on-chain analytics firm Santiment, 11 large BTC outflows were made from exchanges today. The relevant indicator here is the “exchange […]