Currencies34796
Market Cap$ 4.05T+0.57%
24h Spot Volume$ 73.77B+31.5%
DominanceBTC54.64%+0.46%ETH12.82%-1.74%
ETH Gas2.48 Gwei
Cryptorank

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts


by Olivia Stephanie
for CryptoPotato
BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

TL;DR

  • Long-term Bitcoin holders show heavy activity, historically seen near market tops or correction periods.
  • Whale balances drop to levels last seen in 2018, suggesting continued quiet distribution.
  • Bitcoin breaks multi-week downtrend, but profit-taking and whale exits raise short-term caution.

Long-Term Holders Begin Moving Coins

Recent data shows that wallets holding Bitcoin for long periods have started to move their BTC. This is tracked through the Long-Term Holder Binary Spending Indicator, which is now showing increased activity from these older wallets. In the past, similar spikes have taken place near price peaks and before broader corrections.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

XRP, BTC, and SHIB: check out everything most interesting surrounding these cryptocur...
Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Bitcoin trades near $113K after rebounding from $108K. Analysts see confirmed breakou...

BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts


by Olivia Stephanie
for CryptoPotato
BTC Price Warning Sign? Bitcoin Whales Start Selling Before Fed Cuts

TL;DR

  • Long-term Bitcoin holders show heavy activity, historically seen near market tops or correction periods.
  • Whale balances drop to levels last seen in 2018, suggesting continued quiet distribution.
  • Bitcoin breaks multi-week downtrend, but profit-taking and whale exits raise short-term caution.

Long-Term Holders Begin Moving Coins

Recent data shows that wallets holding Bitcoin for long periods have started to move their BTC. This is tracked through the Long-Term Holder Binary Spending Indicator, which is now showing increased activity from these older wallets. In the past, similar spikes have taken place near price peaks and before broader corrections.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

Top Ripple (XRP) Price Predictions, Bitcoin’s (BTC) Next Targets, and More: Bits Recap Sep 5

XRP, BTC, and SHIB: check out everything most interesting surrounding these cryptocur...
Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest

Bitcoin trades near $113K after rebounding from $108K. Analysts see confirmed breakou...