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On August 11, 2020, the Electron Cash developer Jonald Fyookball announced that Cashfusion tiers have been expanded to allow 10x bigger coins to be fused. The announcement got the Bitcoin Cash community excited to “fuse with whales,” as the increase has been upped from 0.82 BCH to 8.2 BCH. Cashfusion is a type of coin […]
The post Fusing With Whales: Cashfusion Privacy Mixing Expands Allowing 10x Bigger Coins appeared first on Bitcoin News.
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Market data from Glassnode shows that bitcoin holders have increased their positions by 233,000 BTC since January 1, 2020. However, when it comes to holders making money at the current price, bitcoin cash and bitcoinsv have performed better and the concentration of large holders is larger too. As far as “holders’ composition by time held” […]
The post Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time Held appeared first on Bitcoin News.
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Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving.
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According 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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Longer-term holding is on the rise, with 42% of the Bitcoin supply having sat idle for more than two years
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Whales are mega-rich traders who inhabit the depths of the crypto seas. Theirs is a realm of dark pools, hidden order books, OTC deals, and rich list wallet addresses. Shunning publicity in favor of pseudonymity, most whales keep their trading and personal lives separated, with only the blockchain revealing the monster sums they shuffle between […]
The post Win or Lose, These Crypto Whales Share Their Trades appeared first on Bitcoin News.
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A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had a majority […]
The post Whales Control Most of Litecoin, Many Ethereum Tokens appeared first on Bitcoin News.
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While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder moved over 50,000 BTC ($410 million) and cycled the […]
The post While Markets Move Sideways, Crypto Whale Sightings Increase appeared first on Bitcoin News.
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In the last two weeks, cryptocurrency prices have seen significant volatility and during this time onlookers have noticed large bitcoin whale movements once again. Data stemming from blockchain analysis indicates that over the last 48 hours, unknown whale wallets moved over 20,000 BTC ($101 million), showing another large migration not seen since last February. Additionally, […]
The post Whale Watch: Large Bitcoin Cash Holders Accumulate 1 Million BCH Since February appeared first on Bitcoin News.
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Cryptocurrency markets experienced a long bearish cycle last year which has continued into 2019. With some of the top cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) losing significant fiat value, large holders, otherwise known as ‘whales,’ have been able to accumulate massive amounts of digital assets. According to the top 100 rich list […]
The post Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months appeared first on Bitcoin News.
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