When Will Bitcoin Top? This Historical Pattern May Provide Hints
Submitted by Anonymous (not verified) on Mon, 04/01/2024 - 18:40On-chain data reveals the Bitcoin HODLers are participating in major selling.
On-chain data reveals the Bitcoin HODLers are participating in major selling.
On-chain data shows the Bitcoin long-term holders, or so-called “diamond hands,” have transferred a total of 669,000 BTC over the past month.
On-chain data suggests around 729,400 Bitcoin wallets cleared themselves out in the last month. Here’s what could be behind this trend.
On-chain data suggests Bitcoin has been going through one of its longest profit-taking events in the past five years over the last few months.
On-chain data shows the Bitcoin inflows to cryptocurrency exchange Binance have shot up, a sign that whale selling may be happening.
On-chain data shows that Bitcoin miners have participated in a selloff during the past day as they have offloaded 3,000 BTC from their wallets.
On-chain data shows that Bitcoin miners have turned to selling recently, a sign that the asset’s price could be bearish.
On-chain data shows Bitcoin exchange inflows have continued their recent sharp rise as the price of the crypto drops further.
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