Whales

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

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Onchain 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 ≥ … Read more

Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains

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The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed key levels above the $11k mark on Saturday, … Read more

Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales

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Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days, cryptocurrency prices dropped considerably but ethereum (ETH) and … Read more

Fusing With Whales: Cashfusion Privacy Mixing Expands Allowing 10x Bigger Coins

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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 … Read more

Holders Gather 233K BTC This Year, While Bitcoin Cash Savers Outshine Composition by Time Held

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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” … Read more

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

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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. … Read more