Bitcoin News
By Evie Vavasseur
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A Brief Pause Before Renewed Sales. Lookonchain pointed out that this whale had taken a short break after executing a massive exchange…
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Why Whale Activity Matters. Movements by large Bitcoin holders, often referred to as “whales,” are closely monitored by…
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ETH to BTC Ratio Shows Little Change. The exchange ratio between Ether and Bitcoin has remained relatively stable following the whale’s…
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Bitcoin’s Price Hovers Near $116,000. Bitcoin’s price has struggled to break decisively above the $116,000 mark.
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Other Whale Activities Suggest Increased Market Movements. This recent wave of selling is not isolated. Several other Bitcoin wallets have recently become…
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What’s Next for Bitcoin. As Bitcoin hovers near a crucial resistance level, the actions of whales will likely continue to…
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A prominent Bitcoin whale has begun selling a significant amount of cryptocurrency once again as Bitcoin holds steady near the $116,000 level.
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According to blockchain analytics platform Lookonchain, two wallets associated with a Bitcoin address that hadn’t been active for over eight years transferred 1,176 BTC—valued at…
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The pause in activity had lasted for about two weeks, but with Bitcoin’s price crossing above $116,000—something it hadn’t done in the past three weeks—the whale appears to have…
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Movements by large Bitcoin holders, often referred to as “whales,” are closely monitored by traders because they can influence market trends.
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Blockchain experts believe that when whales, especially those that have been inactive for years, begin moving their funds, it may reflect changing sentiment or a shift toward…
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The exchange ratio between Ether and Bitcoin has remained relatively stable following the whale’s large swap in August. At the time, the ETH to BTC ratio hovered around 0.
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For context, the ETH to BTC ratio reached its highest point at 0.14 in mid-2017 and has since mostly stayed below 0.05.
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Bitcoin’s price has struggled to break decisively above the $116,000 mark. After reaching $116,182 on Friday, Bitcoin has been trading near $115,500 over the past 24 hours.
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Bitcoin’s current price stands about 7% below its recent high of $124,000 seen on August 14.
The Currency Analytics
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