Recent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates
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Long-term Bitcoin bulls hodl strong despite five-month price high
Bitcoin wallets that haven’t seen outflows for more five months and are currently sitting on $754 billion worth of the asset.
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Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K
Bitcoin addresses holding 1,000–10,000 BTC have resumed accumulating coins.
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Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K
An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again.
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Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
The dominance of Bitcoin transactions of values above $1 million has doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space.
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Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300.
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