Bitcoin Accumulation Trend Rises As Whale And Shark Investors Go On A Buying ...
The current bearish state of the overall crypto market has triggered fears of a bear market since Bitcoin, the largest digital asset, continues to decline, reaching as low as $77,760. It is worth noting that BTC has been decreasing from its new all-time high of $109,000. However, in spite of the notable decline, bullish sentiment […]
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Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price. These speculations have led to theories […]
Bitcoin price movements often correlate with large-scale investors’ actions, commonly called “whales.” These individuals or entities hold between 1,000 and 10,000 BTC, and their trading behavior is a critical indicator of market trends. With that being said, recent data indicates that these whales have been increasing their Bitcoin holdings, which has fuelled momentum in the Bitcoin market thereby capturing the interest of more investors. Related Reading: Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why BTC Whales Continue Accumulation: Implications and....
On-chain data shows the Bitcoin Accumulation Trend Score has observed a decline recently, a sign that investor cohorts have taken to selling. Bitcoin Accumulation Trend Score Is Currently Sitting At 0.21 In a new post on X, the on-chain analytics firm Glassnode has shared an update on how the Accumulation Trend Score has recently been looking for Bitcoin. The “Accumulation Trend Score” refers to an indicator that tells us about whether the Bitcoin investors are accumulating or not. Related Reading: Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals The....
Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since early December, when it reached a multi-year high of $1.32. The retracement reflects broader market uncertainties and profit-taking by investors following its impressive rally. However, recent on-chain metrics point to an intriguing shift in market dynamics: a surge in whale accumulation. Related Reading: Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details Top analyst Ali Martinez highlighted key data revealing that major investors have purchased over 20 million ADA in the past 48 hours. This....
Over the last few weeks, there has been a clear accumulation trend among Ethereum holders. ETH had spilled out of exchanges at a high rate, following the same movement of BTC out of exchanges. The volume of ETH pointed toward whales taking large positions in the digital asset. The result of their accumulation is now […]