Scroll TVL Reaches $1 Billion As Market Sentiment Turns Bullish
Submitted by Anonymous (not verified) on Wed, 07/17/2024 - 10:50Scroll, a prominent Ethereum Layer 2 network, has achieved a significant milestone by reachi
Scroll, a prominent Ethereum Layer 2 network, has achieved a significant milestone by reachi
On-chain data suggests the Bitcoin whales could be accumulating the dip as spot exchanges have recently seen their largest withdrawal of 2024.
On-chain data shows that large investors in the Bitcoin network have been buying while the market has been in a panic state about the latest crash.
Bitcoin is under immense selling pressure at spot rates, tracking lower from the all-important resistance level of $66,000.
On-chain data shows the Bitcoin Exchange Whale Ratio has been on the up recently, a sign that could prove to be bearish for the asset’s price.
On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals.
Data shows the Bitcoin whales on cryptocurrency exchanges Bybit and HTX have opened massive long positions at the current price levels.
On-chain data shows the Bitcoin whales now own over 40% of the entire BTC supply, as they have continued to accumulate more recently.
On-chain data shows ancient Bitcoin investors have been waking up at a higher rate than ever before during the current cycle so far.
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