Binance Whales Taking Charge For Latest Bitcoin Price Explosion, Data Shows
Data shows the Bitcoin Coinbase Premium Gap has plunged into negative territory, a sign that Binance whales may be the ones fueling the rally. Bitcoin Coinbase Premium Gap Has Declined Alongside Latest Price Surge As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Coinbase Premium Gap has dropped to a negative […]
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Data shows about $109 million in MATIC has entered into Binance’s wallets during the past day, a sign that Polygon whales may be selling currently. Polygon Whales Have Deposited Large Amounts To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, multiple large MATIC movements have been spotted on the Ethereum […]
On-chain data shows the Bitcoin long-term holders locked in a significant amount of gain around the time of the latest price plunge. Bitcoin HODLer Whales Have Shown Profit-Taking Spree Recently As explained by analyst Ali Martinez in a new post on X, long-term holder whales have participated in some profit-taking recently. “Long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle This cohort is considered to represent the....
Bitcoin whales drove the rally to $48,000 and are aggressively buying, Binance exchange data shows. The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered a bullish sign. The probability of a Bitcoin top would increase when retail investors enter into the market en masse, as both the spot and derivatives markets get overheated.Why are whales driving the price of Bitcoin up?In recent months, so-called “mega whales” sold large amounts....
Most Binance whales are currently betting on a rally for the Shiba Inu price, providing a bullish outlook for the meme coin. This comes as the crypto market looks to recover amid easing tensions between the U.S. and Iran following the two-week ceasefire. Most Binance Whales Are Betting On A Shiba Inu Price Rally Binance […]
On-chain data shows the dormant Bitcoin whales have come back alive to make moves following the latest price surge in the cryptocurrency. Old Bitcoin Whales Have Just Made Several Transactions As explained by CryptoQuant community analyst Maartunn in a new post on X, there have been several transfers involving old tokens of the cryptocurrency during […]