Bitcoin Breaks Above $28,000, Will Sharks & Whales Continue To Back Rally?
Bitcoin has broken above the $28,000 mark as on-chain data shows the key BTC wallets have been accumulating during the last few weeks. Bitcoin Sharks & Whales Have Been Accumulating During Past Month According to data from the on-chain analytics firm Santiment, the large BTC wallets have accumulated a combined $1.17 billion in the cryptocurrency […]
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On-chain data shows that a bullish combination has just formed for Bitcoin, which may signal that a rally could be ahead for the asset. Sharks & Whales Are Accumulating Both Bitcoin, Tether Right Now According to data from the on-chain analytics firm Santiment, both the sharks and whales of BTC and USDT have been accumulating recently. The metric of interest here is the “Supply Distribution,” which keeps track of the total amount of a given asset that the different holder groups carry. In the current topic, sharks and whales are the entities of interest. For Bitcoin, the....
On-chain data shows the Bitcoin sharks and whales added to their holdings right before the latest rally in the asset’s price occurred. Bitcoin Investors Holding Between 10 to 10,000 BTC Bought Ahead Of Rally According to data from the on-chain analytics firm Santiment, the large BTC holders scooped up a significant amount of the asset […]
On-chain data shows that large Chainlink holders have been buying during the past two weeks, a sign that’s positive for the coin’s rally. Chainlink Sharks & Whales Have Added Another $53 Million In LINK As pointed out by analyst Ali in a post on X, the large LINK investors have been buying recently. The indicator […]
On-chain data shows the Bitcoin sharks and whales have participated in a selloff of around $2.2 billion during the past week. Bitcoin Wallets With 100 To 10,000 BTC Have Been Selling Recently As pointed out by analyst Ali in a post on X, the large BTC investors might have been harvesting their profits recently. The indicator of interest here is the “BTC Supply Distribution,” which keeps track of the total amount of Bitcoin the different wallet groups in the sector are holding. The addresses or investors are divided into these groups based on the total number of coins they....
ADA accumulation occurs despite a technical outlook threatening a 35% price crash by September 2022. The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.Cardano sharks in buying spreeNotably, addresses holding between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment. Cardano shark addresses. Source: SantimentMeanwhile, Cardano "whales" that hold between 100,000 and 1 million ADA have stopped selling.Holding a....