Bitcoin whales are continuing to increase their holdings, with the number of wallets having between 1,000 and 10,000 BTC reaching 1,993, the highest since December 2024. This surge in heavyweight investor activity comes as Bitcoin’s prices fluctuated between $81,000 and $84,000 in the past few days. Whale Accumulation on Multi-month High According to data from...Read More
Bitcoin’s price recovered from a massive drop to a four-month low earlier this week and sits about seven grand higher now. Analysts believe that it could continue climbing and reach $90,000 as long as it remains above the $84,000 support level, which is being tested now. Whales Buying, BTC Rising Large BTC wallets, typically referred...Read More
Bitcoin has been struggling near $82,000 after fresh daily decline of over 4%. While retail investors continue to panic amid recent market turbulence, big players are positioning themselves strategically, potentially signaling what’s next for crypto. In fact, Santiment revealed that Bitcoin’s whale and shark wallets have undergone several pivotal shifts over the past six months...Read More
Bitcoin’s price plunged below $90,000 immediately after US President Donald Trump announced his planned 25% tariffs on Canada and Mexico. During periods of high volatility, investors tend to liquidate crypto assets first to cut down on their overall financial risk. Amidst increasing concerns of a steeper decline, the latest data depicts a notable shift in Bitcoin...Read More
Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell...Read More
Approximately 14,000 bitcoins that had remained dormant for 7 to 10 years were moved on February 10th. Notably, they were not transferred to any exchanges, indicating that an immediate sale is unlikely. Previous instances of similar activity did not always result in a drop in Bitcoin’s value, as noted by CryptoQuant’s analysis. It’s also worth...Read More
The cryptocurrency market experienced a significant selloff following US President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico, along with threats of increased duties on goods from the European Union. This triggered billions in liquidations, with Bitcoin briefly dropping below $92,000 while altcoins suffered even steeper declines. Although the market has...Read More
As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price movement. Supply distribution data shows how different groups of investors hold cryptocurrencies. This metric takes into account the wallet sizes of small and large investors,...Read More
The crypto market is recording a surge in bitcoin (BTC) inflows to whale wallets, indicating that this cohort of investors has begun to accumulate the digital asset again amid the recent downturn. Analysts at the market intelligence platform CryptoQuant see a substantial inflow of BTC into whale addresses as the act of storing BTC in...Read More
Bitcoin began the week with a significant slump, briefly falling below $90,600 to its lowest figure since November. Over the past day, the cryptocurrency declined by almost 4%, extending its monthly losses to 11%. The downturn marks a subdued period for BTC and the entire market. During this time, the whale activity also appears to...Read More
According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery and growth, as the reserves stood at just $7 billion in June 2023. Therefore, the latest figure reflects a nearly fivefold increase over six months....Read More
Bitcoin surged to a new all-time high of $106.5K, marking a historic moment in its 16-year trajectory. As the world’s leading cryptocurrency gained almost 200% this year, there was a key contributing factor to this price surge. The latest data suggest a notable increase in whale wallet activity that has pushed it to a new...Read More
Following a couple of unsuccessful attempts to decisively reclaim $98,000 and potentially head toward $100,000, BTC’s price tumbled in the past few hours to under $95,000. This adverse move came amid reports that large bitcoin whales have deposited significant amounts of the asset to Binance, potentially to realize some profits. However, there’s some good news...Read More
Donald Trump has won the US presidency, achieving a decisive victory in swing states and surpassing the 270 electoral votes needed. Despite a heated campaign marked by two assassination attempts, Trump will become the second Republican in 20 years to secure a second term, while his opponent, Kamala Harris, received 224 electoral votes. A strong...Read More
Over the weekend, bitcoin’s value slumped from over $71,000 to a depth of $67,700. This price drop paved the way for some whales to acquire the leading cryptocurrency. According to on-chain data that the blockchain analytics platform Lookonchain shared via X, five whales bought 2,780 BTC (worth $192.4 million) since November 1st. Whales Accumulate BTC...Read More
Bitcoin’s whale wallets – defined as those holding 100 or more BTC – have increased by 297 lately. The latest figure represents a 1.9% rise in the past two weeks. On the other hand, wallets containing less than 100 BTC have decreased by 20,629, a decline of 0.1% during the same period. Bitcoin Whales Signal...Read More
After an unsuccessful attempt to break past the $70,000 mark this week, bitcoin briefly dipped below $67,000 before staging a modest recovery. Despite the brief pullback, data indicates a renewed interest from retail investors, which is typically seen as a strong indicator of broader market sentiment. Bitcoin Retail Activity Returns CryptoQuant’s latest analysis reveals a...Read More
Bitcoin’s price has been on a positive trend for the past week but it has unsuccessfully challenged the $65,000 level a few times. According to on-chain data, BTC whales have been offloading a lot of their holdings lately, which could suggest more trouble on the horizon if they continue. #Bitcoin whales sold over 20,000 $BTC...Read More
Despite a slowdown in Bitcoin (BTC) whale accumulation, the weekly net flows among these large holders (addresses with at least 1,000 BTC) have remained positive for nearly four months. Positive net flows indicate that more BTC is entering these wallets than leaving, suggesting potential buying pressure, while negative net flows mean more BTC is flowing...Read More
The number of Bitcoin wallets holding 100 BTC or more has just hit a remarkable 17-month high. According to blockchain analytics platform Santiment, this surge was propelled by a notable increase in whale holdings over the past month. In an X post on August 31, Santiment shared that over 283 wallets holding at least 100...Read More
The choppy consolidation in bitcoin’s price action has many market players worried. However, certain holders of the world’s largest crypto asset are seemingly increasing their holdings. In fact, bitcoin whales, particularly those holding between 100 and 1,000 BTC, have significantly increased their holdings. Bitcoin Accumulation Over the past six weeks, this cohort of whales has...Read More
Bitcoin whales have been actively accumulating significant amounts of the cryptocurrency over the past month during the market slump. On-chain activity has revealed that over 404,448 BTC, valued at approximately $22.8 billion, has been moved to permanent holder addresses in the last 30 days. Bitcoin Whale Accumulation CryptoQuant founder and CEO Ki Young Ju highlighted...Read More
Bitcoin briefly touched $66,000 as it continued its recovery after a rough couple of weeks. Despite this bounce-off, data reveals that certain investors are still reluctant to come back as they seem to believe “the March ATH was as good as it’s going to get in 2024.” Interestingly, Santiment suggests the potential for a rebound...Read More
Bitcoin has experienced its most significant decline in the current cycle and is currently trading at over 25% lower than its all-time high. Data also suggests that BTC’s current dip period has sparked contrasting behaviors among investors with whale and shark wallets, depicting a different pattern than the smaller holders. Bitcoin’s Big Wallets Increasing The...Read More
According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin Miner Wallet Moves 50 BTC The dormant wallet, belonging to an early Bitcoin miner, sprang to life on Thursday, moving its entire balance of 50...Read More
Bitcoin whales are quietly scooping up BTC, according to the latest analysis by IntoTheBlock. There has been a shift in Bitcoin accumulation patterns with a surge in net inflows to the largest wallets despite the prevailing market sentiment of FUD. Bitcoin Whales Increase Holdings By 7,130 BTC The data revealed that holders with control of...Read More
Large investors have been actively accumulating Bitcoin during market downturns, potentially viewing them as buying opportunities and then selling during periods of market revival or anticipation of increased institutional adoption. Data shows that the collective holdings of Bitcoin wallets containing at least 10 BTC have increased significantly in the past five months. In fact, this...Read More
Crypto whales and sharks have been known to sway the market in one direction, triggering losses or gains by simply moving their assets. Watching the activities of these market stakeholders can help traders prepare for the next potential move in the price of an asset. Analysts at crypto data platform Santiment have revealed the accumulation...Read More
Earlier this week, bitcoin (BTC) rallied more than 13% to a five-week high daily close of $71,400, dragging the rest of the crypto market upward. Data from IntoTheBlock has revealed that a certain cohort of Bitcoin investors accumulated more of the asset than others during the surge. Bitcoin Whales on Accumulation Spree According to IntoTheBlock,...Read More
Bitcoin’s price has been struggling to gain momentum post-halving. However, the world’s leading cryptocurrency underwent a significant recovery above $66,000 this week, bringing much-needed optimism after several uneventful weeks. The current data indicates that the $60,000 price point has become a crucial on-chain support level, backed by new whale accumulation and the stability of long-term...Read More
