Large Pockets Are Aggressively Accumulating Bitcoin
On-chain data shows that large-pocketed investors have begun to aggressively accumulate bitcoin.The below is a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Big Money Making MovesOn-chain data has started to show that large-pocketed investors have begun to aggressively accumulate bitcoin.OTC Desk Outflows Looking at the seven-day moving average of OTC Desk Outflows, over the course of 2021 there has been a pretty strong....
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The market might be down, but you would be mistaken to think there are no opportunities available to make a profit. Even during extended bear markets, there are always pockets of the industry that see growth. The only problem is finding these little pockets to put your money in.Well, we’ve done some digging and found […]
Michael Saylor’s MicroStrategy has bought aggressively during the current bitcoin price dip, accumulating 229 BTC for $10 million.
Bitcoin whales are selling while buyers in the U.S. are accumulating, who will get the upper hand, and where will BTC’s price go next? The price of Bitcoin (BTC) achieved a new all-time high above $42,000 on Jan. 8, surging by 9% in merely three hours. At the time, there was a high premium on Coinbase, which meant U.S. buyers drove up the market by aggressively accumulating BTC. But, there is continuous selling pressure coming from Asia, particularly from South Korea.Bitcoin corrected sharply after rising to $42,000, declining by over 7% in about eight hours. The sell-off coincided with....
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 […]
The story of MicroStrategy CEO Michael Saylor buying Bitcoins aggressively has continued to make headlines over the last two years. However, according to one allegation, Mr. Saylor may be dumping his thousands of Bitcoins behind your back. MicroStrategy, a Bitcoin-accumulating business intelligence software company, is known to have 129,218 Bitcoin in its possession. This is […]