Bitcoin Data Reveals Whales Are Buying And Retail Selling – Market Reset Or C...
Bitcoin experienced a sharp decline from the $106,400 level to the $91,530 mark in less than four days, shedding over 14% and triggering panic across the market. This sudden drop has left many investors uncertain about Bitcoin’s short-term direction as selling pressure intensifies. However, on-chain data suggests that while retail investors are offloading their BTC, […]
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On-chain analysis shows that retail buying is accelerating while whale supply is declining.
Investors who sold BTC above $30,000 on the way to all-time highs are now buying back in, Ecoinometrics reveals. Bitcoin (BTC) is seeing a “reset” in investor behavior at $30,000 and the trend need only continue to spark a price rise.According to on-chain monitoring resource Ecoinometrics on July 13, the only way is “up” for BTC/USD if hodlers continue accumulating coins."Intriguing" data points to fresh demandAnalyzing who bought coins since the start of the latest bull run in October 2020, Ecoinometrics showed that major change is afoot compared to last year.At the start, it was smaller....
XRP has faced a sharp downturn over the past few days, shedding over 23% of its value since Tuesday. This steep correction has mirrored the broader market’s turbulence, intensifying negative sentiment around XRP. However, notable developments are emerging beneath the surface of this bearish price action. Related Reading: Bitcoin Data Reveals No Significant Panic Selling In The Market – Shakeout Or Trend Shift? Key on-chain data from Santiment reveals that whales are taking advantage of the dip. In the last 24 hours alone, these large holders have accumulated an additional 110 million....
On-chain data suggests the Toncoin whales have participated in significant accumulation over the past week, which could be bullish for TON. Toncoin Whales Have Bought Large During The Last Seven Days As explained by analyst Ali Martinez in a new post on X, Toncoin whales have been active with net buying recently. The on-chain indicator […]
On-chain data shows the Dogecoin whales have made a few large transactions during the last 24 hours. Here’s what they have been up to. Dogecoin Whales Have Been Making Transfers To & From Exchanges According to data from the cryptocurrency transactions tracker service Whale Alert, several large transfers have been spotted on the Dogecoin blockchain […]