Bitcoin Whales Go Shopping, Purchase $6.16 Billion Worth Of BTC
Submitted by Anonymous (not verified) on Sun, 02/11/2024 - 13:50In an interesting turn of events, the pr
In an interesting turn of events, the pr
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.
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 the largest of the Bitcoin whales have switched to selling recently, a potential sign that these investors think the top is in.
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 Bitfinex traders have closed 12,000 Bitcoin longs in the past week.
On-chain data shows the Bitcoin whale exchange inflow activity has been increasing recently, a sign that may not be positive for the price.
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