Bitcoin Defends $108,000 Support Amid Whale Selling In September – Bullish Oc...
Bitcoin (BTC) showed resilience over the last weekend as it defended the crucial $108,000 support level amid heightened whale selling on leading crypto exchanges around the world, including Binance. Bitcoin Survives September Whale Selling Pressure According to a CryptoQuant Quicktake post by contributor Arab Chain, September was marked by clear fluctuations between Bitcoin’s attempts to rally and exposure to selling pressure by whales and long-term holders. Binance trading volume data confirms this. Related Reading: Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will....
Related News
Bitcoin (BTC) continues to defend the $112,000 support level following days of tepid price action, unable to give a clear indication about the potential direction of its next move. Latest exchange data from Binance shows a recent dip in whale activity, suggesting BTC likely avoided another massive sell-off. Bitcoin Defends $112,000 Against Whale Sell-Off According to a CryptoQuant Quicktake post by contributor Arab Chain, recent data from the Binance crypto exchange shows that there was a sudden spike in whale activity on the exchange on September 7, when the BTC: Exchange Whale Ratio....
Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend. Bitcoin (BTC) whale clusters indicate that the price could be in a short-term trend reversal after BTC’s recovery beyond $10,700. In the past two days, BTC price rose by nearly 6% from $10,135 to $10,755 across major exchanges.Whale clusters form when large investors accumulate Bitcoin and do not spend or move their holdings for significant periods of time. This typically indicates that whales expect BTC price to increase in the near term.The hourly map of....
Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure in the market. Despite a strong rally above $250 earlier in September, market sentiment appears to be shifting, with whale deposits into centralized exchanges hinting at potential headwinds ahead. Most recently, a staggering 312,233 SOL tokens were deposited into Coinbase, fueling concerns that whales may be positioning for significant profit-taking. Solana Whale Deposits Signal Rising Selling Pressure Blockchain tracker Whale Alert reported one of the largest Solana....
On-chain data shows the Bitcoin Exchange Whale Ratio for Binance has been going down recently, a sign that may be bullish for BTC’s price. Bitcoin Binance Exchange Whale Ratio Is Calming Down As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin whale selling pressure may be decreasing on the cryptocurrency exchange Binance. […]
Technical factors suggest Bitcoin is still in a bull run even after a sharp sell-off from $18,476. After Bitcoin (BTC) price suddenly dropped from around $18,500 to $17,200, some traders began to question whether a local top had formed but there are multiple factors that suggest the bull run is still intact. Following the initial pullback, BTC continuously showed extreme volatility, demonstrating market uncertainty.The four factors that show Bitcoin’s momentum remains strong are whale inflows, a strong market response, resilience above each whale cluster, and high open interest.Whales are....