Bitcoin Supply Flows From Giants To Mid-Sized Holders – Details
Bitcoin is beginning to show signs of renewed bullish energy, with the price testing the $113,000 resistance level after weeks of mixed sentiment. The move comes as many altcoins are gaining strength, suggesting that the broader crypto market is preparing for decisive action. The next few days are set to be crucial, as investors eagerly […]
Related News
According to data from blockchain analytics firm Glassnode, a group of mid-sized Bitcoin holders has stepped up buying this week, taking in roughly 65,000 BTC over the past seven days. Related Reading: Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market At a spot price of $113,595, that haul equals about $7.35 billion. Reports have disclosed that these investors — wallets holding between 100 and 1,000 BTC — have pushed their monthly net accumulation to 93,000 BTC. Sharks Expand Their Holdings Those mid-sized holders a.k.a. “sharks” now....
On-chain data shows that mid to large Bitcoin holders have purchased almost $2 billion in the asset during the past six weeks. Bitcoin Holders With 1 To 10,000 BTC Have Neared All-Time High Holdings According to data from the on-chain analytics firm Santiment, the mid to large-sized BTC addresses have added 71,555 BTC to their holdings recently. The relevant indicator here is the “BTC Supply Distribution,” which keeps track of the total amount of Bitcoin that each holder group in the market is holding right now. The investors or addresses are divided into these cohorts based on....
Bitcoin has approached $75,000 as on-chain data shows the whale-sized investors have pushed their supply to the highest point since mid-February. Bitcoin Whale Holdings Have Crossed 4.25 Million BTC In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Bitcoin whale supply. “Whales” typically refer to investors holding between 1,000 and 10,000 tokens of the cryptocurrency. Related Reading: Huge XRP Bull Market Ahead? Analyst Flags ‘Ultimate’ Buy Zone At the current exchange rate, this range converts to $74.5 million at the lower end and....
Bitcoin wallets that haven't seen outflows for more five months and are currently sitting on $754 billion worth of the asset. On-chain analytics provider glassnode reports that long-term Bitcoin holders are refusing to sell despite the BTC markets rallying to a five-month price high.In its Oct. 11 “Week on Chain” report, Glassnode noted that “long-term holders” — BTC wallets that have not seen outflows for more than 155 days — are currently sitting on nearly 13.3 million BTC or 70% of Bitcoin’s supply. The report notes that long-term holders have increased their collective stash by more....
On-chain data shows that Bitcoin long-term holders now own 76.2% of the entire supply, a new all-time high for the cryptocurrency. 76.2% Of Bitcoin Supply Now Locked In Diamond Hand Holdings In a new post on X, Capriole Investments founder Charles Edwards talked about the trend in the supply of BTC long-term holders. The “long-term […]