Bitcoin Whales Vs. Retail: BTC Markets Show Sharp Divergence In Long Bets Fro...
Heightened volatility continues to hamper Bitcoin’s price, which is currently hovering around the $86,000 threshold after falling from its all-time high. During this prolonged period of bearish price action, there has been an increase in long bets among investors, especially large holders, also known as whales. Whale Dominates Bitcoin Long Positions While the price of […]
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The Wall Street Bets phenomenon recent took a grasp of the crypto market, with an army of retail investors first targeting Dogecoin before setting their sights on XRP XRP saw some slow momentum at first, but rumors regarding a “pump and dump” Telegram chat looking to rocket its price quickly circulated This led many traders […]
Bitcoin's slow crawl toward $36,000 has given select altcoins the green light to rally higher. Aggressive buying by institutional investors is one of the main reasons for the current Bitcoin (BTC) bull run. Some investors expressed their intent to hold their positions for a few years, but it is also prudent to note that many of these investors have recently developed a love for Bitcoin and their conviction to HODL may not resemble that of the early Bitcoin whales. The current bull market could also differ from the last as institutional investors simply cannot hold on to their positions if....
Ethereum has been struggling to regain momentum, trading below the critical $2,800 mark since last Thursday. Bulls are in trouble as the price remains trapped under key supply levels, leaving investors concerned about Ethereum’s short-term future. Many who expected a bullish year for the second-largest cryptocurrency are now questioning their outlook after last week’s massive selling pressure took ETH from $3,150 to $2,150 in less than two days. Related Reading: Can Bitcoin Hold $97K? – 1-3 Month Holders’ Data Reveals Crucial BTC Demand The recent price action has amplified fear and....
During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances of getting elected is favored by 61% over the incumbent Trump. Tuesday’s Presidential Debate was considered by many as one of the “worst debates” in the history of American leadership. However, many people still kept score on how each candidate did during the evening’s political....
Various on-chain data shows that Bitcoin whales are holding onto their funds and have little interest in selling in the short term. The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors are holding onto their positions.This trend shows that whales are not expecting a major pullback in the near term. A low level of activity from whales is a positive metric following a large uptrend. It shows that whales are not....