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Current Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Bitcoin’s price rallied to $60K today for the first time since April. The CEO of a well-known data analytics company revealed that the move has been driven largely by whales…

Continue ReadingCurrent Bitcoin Rally Driven by Whales, No Big Short Positions Liquidated Yet: Analyst

Third-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later

One of the largest Bitcoin whales, who has been quite active lately, sold 1,500 coins at $56,200 yesterday. Interestingly, they bought back a third of that quantity a day later…

Continue ReadingThird-Largest Bitcoin Whale Sold at $56K and Bought Back at $57K a Day Later

Bought the Dip: 3rd Largest Bitcoin Whale Purchased $13M Worth of Bitcoin at $40.5K

The latest price dump from bitcoin to around $40,000 has enabled the third-largest BTC whale to accumulate more portions of the asset at a discount. In a “buy the dip”…

Continue ReadingBought the Dip: 3rd Largest Bitcoin Whale Purchased $13M Worth of Bitcoin at $40.5K

Accumulation Resumes: After Short Break, Third Largest Bitcoin Whale Buys $24M Worth of BTC

The mysterious BTC whale, who was recently frequently sending lots of coins to Coinbase, has changed the strategy on the largest cryptocurrency. On-chain data shows that they have accumulated more…

Continue ReadingAccumulation Resumes: After Short Break, Third Largest Bitcoin Whale Buys $24M Worth of BTC