Bitcoin Whales Close 12,000 BTC Longs On Bitfinex: Rally Stopping Soon?
Submitted by Anonymous (not verified) on Fri, 12/01/2023 - 18:10Data shows Bitfinex traders have closed 12,000 Bitcoin longs in the past week.
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.
On-chain data shows all the Bitcoin cohorts are showing accumulation behavior right now, the first time it has happened this year so far.
Bitcoin has broken above the $28,000 mark as on-chain data shows the key BTC wallets have been accumulating during the last few weeks.
On-chain data shows that Bitcoin addresses carrying less than 100 BTC now control 41.1% of the total supply, a new all-time high.
On-chain data shows the Bitcoin exchange whale ratio has remained at relatively low levels recently, implying that the whales haven’t been active.<
On-chain data shows that the Bitcoin exchange whale ratio has been at very high values during the past few days, a sign that may be bearish for BTC
On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level.
On-chain data shows that the Bitcoin exchange whale ratio has declined to the lowest value since 2018. Here’s what this may mean for the asset.
On-chain data from Santiment shows that Bitcoin sharks and whales have gone on a 93,000 BTC buying spree since the local top back in April.
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