Bitcoin On-Chain Data: Selling From Whales Holding 1k+ BTC Behind Crash
On-chain data shows Bitcoin whales with more than 1k BTC were the main sellers in the latest crash, as other cohorts displayed muted activity. Bitcoin Spent Output Value Bands Shows Spike From 1k-10k Group As pointed out by an analyst in a CryptoQuant post, unlike in the previous declines, the 10-100 BTC and 100-1k BTC cohorts didn’t show any spikes in activity during the latest crash. The relevant indicator here is the “Spent Output Value Bands” (SOVB). which displays the number of coins being moved by each value band in the Bitcoin market. These “value....
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On-chain data shows the Bitcoin sharks and whales have continued to hold strong despite the asset’s price surge. Bitcoin Sharks & Whales Have Been Increasing Their Holdings Recently According to data from the on-chain analytics firm Santiment, the BTC sharks and whales have been participating in accumulation during the past month. The indicator of relevance […]
On-chain data shows the number of Bitcoin holders with 10k+ BTC have grown recently, a sign of accumulation from whales. Number Of Bitcoin Whales Holding 10k Or More BTC Has Gone Up Recently As pointed out by an analyst in a CryptoQuant post, both the 1k+ and 10k+ BTC holders have observed some growth in recent weeks. Holders with 1k or more BTC are considered whales, and movement from them can have noticeable impacts on the Bitcoin market. The relevant indicator here looks at all wallets on the network to see how many own between 1k and 10k BTC and how many are holding more than 10k BTC.....
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....
High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show. Bitcoin (BTC) whales have been buying more since Christmas, on-chain data shows. This indicates that high-net-worth investors are continuing to eat up the supply of BTC.It is nearly impossible to segregate institutional investors from individual investors through on-chain data. However, the trend shows that investors with large capital are increasingly entering into the Bitcoin market despite its rally.Bitcoin large supply holders. Source: SantimentWhy are whales continuing....
On-chain data shows the amount of Bitcoin supply in loss has now reached levels similar to during the COVID crash and the 2018 bear market bottom. Bitcoin Supply In Loss Spikes Up Following The Latest Crash As pointed out by an analyst in a CryptoQuant post, the BTC supply in loss has set a new record for this year following the FTX disaster. The “supply in loss” is an indicator that measures the total amount of Bitcoin that’s currently being held at some loss. This metric works by looking at the on-chain history of each coin in the circulating supply to see what price it....