With every Bitcoin push comes the question of a push back, and when such a question arises all eyes point to the whales. Big movers of the cryptocurrency, operating on a host of exchanges, are even leveraging their trades, whales have a unique place in the Bitcoin market, and they have been the originators of...Read More
A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had a majority...Read More
While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder moved over 50,000 BTC ($410 million) and cycled the...Read More