Bitcoin Whale Supply Falls To 3.52M BTC – Details
Bitcoin is trading around $115K today as the market braces for the Federal Reserve’s interest rate decision, a moment expected to define the coming weeks. The atmosphere is tense, with bulls preparing for a surge if the Fed opts for a 25bps cut, which many analysts view as a constructive and bullish signal. However, uncertainty […]
Related News
XRP is undoubtedly home to more whale addresses than many would expect, with supply data even showing an interesting concentration among these whale wallets. An XRP proponent named Chad Steingraber recently highlighted this phenomenon on social media. According to the supply distribution, XRP is on track to develop a supply crunch in the near future, […]
The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops. Bitcoin's (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests.Dubbed as "Whale Supply Shock," the on-chain indicator represents the ratio between the amount of Bitcoin held by "whales" and "fishes." Whales represent addresses that hold between 10,000 BTC and 100,000 BTC, while fishes are those that hold anything between 0.001 BTC and 1,000 BTC.A rising Whale Supply Shock reading indicates a higher degree of....
The billionaire whale moved $2.3B worth of SHIB to four different wallets and some investors are getting nervous. The price of Shiba Inu has fallen 11% after a series of transactions from the whale wallet that famously transformed a $3400 purchase last August into $1.55B.On November 2, the whale moved ten trillion, one hundred thousand Shiba Inu tokens to four separate wallets. Each transaction was worth approximately $586M USD, totaling about $2.3B USD.After the wallet was first identified, social media users speculated that the owner may have forgotten or lost their key, given the lack....
A Shiba Inu whale recently transferred a whopping $33 million in SHIB tokens off a crypto exchange into an unknown wallet. According to on-chain data from Whale Alerts, over 4.58 trillion Shiba Inu tokens worth $33.13 million have made their way into a private wallet from the crypto exchange Bitvavo. Details Of The Whale Transfer Shiba Inu’s ecosystem is home to many whale investors, and transactions among these whales are not uncommon. Over the past few months, there have been huge transfers of SHIB from various whale addresses. This latest SHIB whale transfer was first spotted by....
Bitcoin whale clusters show $57,046 and $60,045 are the crucial support and resistance levels in the short term. The price of Bitcoin (BTC) is attempting to break the $60,000 resistance level after more than a week of ranging.Whale clusters show that $57,046 and $60,045 are the crucial support and resistance areas in the short term. In other words, the probability of a strong breakout in the foreseeable future would increase substantially if Bitcoin stays above $57,046 and continues to test $60,000 resistance.Why whale clusters are important for BitcoinWhale clusters form when....