"Still a lack of large buyers, or what we refer to as "whales" on-chain. This looks at entities with over 1,000 BTC and then filters out exchanges," William Clemente, the author of Blockware Intelligence newsletter, said in the latest weekly edition published Friday. Source link … [Read more...] about Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold
Whales
Bitcoin Whales Were Active on Coinbase Amidst a Quiet Holiday Week
But following the big buys, both large buy and sell orders for bitcoin were placed on Coinbase right before the expiry of bitcoin’s options contract on Dec. 31. On Jan. 1, on the other hand, sell orders with more than five bitcoin dominated Coinbase’s BTC/USD trading pair volume. These large trades, however, did not cause any spikes in Coinbase’s spot market share, according to … [Read more...] about Bitcoin Whales Were Active on Coinbase Amidst a Quiet Holiday Week
SHIB Spikes as Whales Add to Existing Positions
Prices of shiba inu saw a 10% spike on Tuesday as whales – a colloquial term for large holders of a given asset – added to their positions earlier this week.One such whale wallet purchased 4 trillion shiba inu’s for $134 million early on Tuesday, according to data from WhaleStats, which tracks data from the top thousand Ethereum wallets after excluding known exchange and … [Read more...] about SHIB Spikes as Whales Add to Existing Positions
Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more.Blockchain data from on-chain monitoring resource BitInfoCharts highlights how one entity “bought the dip” like no other.Someone “buys the dip” to the tune of $137 millionAfter buying frequently since BTC/USD hit $69,000 all-time highs last month, the … [Read more...] about Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Whales Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs like Uniswap V3, Uniswap V2, SushiSwap, and Balancer V1 average between $10,000 - $20,000. That’s nearly ten times larger than the average trade size of $2,000 - $4,000 seen on centralized exchanges (CEXs). Source link … [Read more...] about Whales Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay