Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders

Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, […]

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As Bitcoin’s Price Spikes Pods of BTC Whales Begin to Shrink in Size

As Bitcoin's Price Spikes Herds of BTC Whales Begin to Shrink in SizeRecent metrics from a variety of analytical web portals show that the quantity of bitcoin whales has been shrinking in recent times. The data indicates that the leading crypto asset has been distributed quite a bit since the price run-up started. Pods of Bitcoin Whales Shrink — Addresses With Small Quantities of Bitcoin Catch the […]

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Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations

Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address ReorganizationsThe price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per unit on May 12. There have been talks of whales selling coins and data shows that there’s been some large wallet inflows. However, onchain data […]

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Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High

Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year HighOnchain analytics from the research and analysis firm Glassnode shows that the number of bitcoin whales (addresses with at least 1,000 bitcoins) has surpassed 1,900 clusters. The number of network participants in terms of 1,000 coin whales hasn’t been this high since 2016. Seven-day trailing statistics for the number of whales (addresses with balance ≥ […]

The post Onchain Data Shows Rising Bitcoin Whale Index Surpassing 4-Year High appeared first on Bitcoin News.

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12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish

12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small FishAccording to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin whales with 1,000 to 10,000 BTC or more on a single address has increased significantly. […]

The post 12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish appeared first on Bitcoin News.

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