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Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing

Despite Bitcoin (BTC) crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC.According to Glassnode’s Monday “The Week On-Chain” report, the Bitcoin reserves of centralized exchanges have continued to evaporate despite the recently sustained bearish momentum, with an average of 36,000 Bitcoin (worth roughly $1 … [Read more...] about Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing

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Recent Posts

  • Using Samsung Galaxy A14 5G Smartphone for VRSC Crypto Mining
  • Dual Mining Karlsen (KLS) and ZIL Plus Autoconversion to Bitcoin
  • The Urlacher Makes a Full S19k Pro 115T ASIC Miner Run on 120V
  • Karlsen Network (KLS) is an ASIC-resistant Fork of KASPA (KAS)
  • Bitcoin metric that ‘looks into future’ eyes $48K BTC price around ETF

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ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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