Bitcoin Continues To Struggle: Analytics Firm Reveals What Whales Are Doing
Submitted by Anonymous (not verified) on Fri, 04/19/2024 - 05:10Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000.
Bitcoin has continued to struggle recently, and its price even briefly fell below $60,000.
On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently.<
On-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling.
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.


Here’s how the Bitcoin holdings of Michael Saylor’s Microstrategy stack up against the spot exchange-traded funds (ETFs) and other large holders.

On-chain data shows a chunk of Bitcoin previously dormant since 10+ years ago has just been moved across the blockchain by a whale.
Bitcoin has cleared the $67,000 level in the past day as on-chain data shows the population of whales on the network has continued to grow.
Copyright © 2025, www.bitcoin-trader.org | Contact