On-chain data shows the Bitcoin whales have gone on a huge buying spree in the past week, a sign that could be bullish for the coin’s value.
Bitcoin has made some notable recovery in the past day as data suggests buying pressure has returned on the cryptocurrency exchange Coinbase.
Bitcoin has just broken above the $65,000 level. Here’s a possible reason that may be contributing to this fresh bullish momentum in the asset.
Here’s how much Bitcoin the whales have added to their combined holdings since the start of the year 2024, according to on-chain data.
Bitcoin has broken above the $52,000 mark as data shows that institutional traders have continued to apply their buying pressure on the asset.
Bitcoin has managed to make a recovery back above the $44,500 mark, but what’s fueling this surge? Here’s what on-chain data suggests.
Data suggests users on Reddit were calling to buy the recent Bitcoin dip while other social media platforms were either bearish or indecisive.
Data shows the Bitcoin Coinbase Premium has remained positive since the start of the year, a sign that institutional traders may be buying.
On-chain data shows the Bitcoin whales have grown in number while the rest of the market has been panicking about the latest plunge in the asset.
Data shows the Bitcoin Coinbase Premium Gap has surged to highly positive values recently. Here’s what this says about the market.
