Bitcoin Retail Flees, But Sharks & Whales Quietly Growing: Data
On-chain data shows Bitcoin sharks and whales have observed their population grow during the recent market downturn, while retail has capitulated. Bitcoin Sharks & Whales Have Been Growing In Number Recently In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Supply Distribution of the key Bitcoin […]
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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 Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the Cardano sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of the ADA circulating supply that’s held by a given wallet group. Related Reading: Bitcoin Yet To See Meaningful Capital Return, Glassnode Says....
The XRP price has seen a sharp rally of over 39% in the past week as on-chain data shows the sharks and whales have been busy accumulating. XRP Sharks & Whales Now Carry Over 85% Of The Entire Supply According to data from the on-chain analytics firm Santiment, large XRP investors have been participating in buying for a while now. The indicator of relevance here is the “Supply Distribution,” which keeps track of the total amount of supply that a particular wallet group is currently holding. Related Reading: Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold The....
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....
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 […]