opinion

Whales rocking the market?

"Miners have begun to sell BTC," Ji-Young Koo, CEO of South Korean on-chain analytics firm CryptoQuant, told X. "They've started to sell BTC. Miners are sending BTC to institutions, mainly through OTC trading desks. This is clearly sell-side liquidity, and it could cause the market to move sideways for months."

Whales withdraw 100,000 BTC from exchanges in two weeks
According to Cryptoslate, crypto on-chain data analytics firm Glassnode recently reported that "whales holding more than 1000 BTC have withdrawn approximately 100,000 BTC from exchanges in the past two weeks. The number of whale addresses slightly increased from 1513 to 1563 during this period."

"FTT whales rock the price on 'FTX retracted reopening' issue"
"FTT price plunges 35% in a short time," SpotOnChain reports via X. "Who's selling? Who's selling? FTX, Alameda Research, which holds 76% of the total supply of FTT, hasn't sold in the past two months despite the price rising to $5.5. There hasn't been much on-chain movement in the last few hours, with the bulk of the trading occurring through exchanges. With limited supply, whales are capitalizing on the 'FTX exchange plans to reopen' issue."

Bitcoin recovers $64,000 price after 42-day Bitcoin correction, absorbing more than $3 billion in selling pressure

BTC has regained $64,000, according to Coinness Market Monitor. On the Binance USDT market, BTC is trading at $64,102.48. "Bitcoin has completed a 25.6% correction that lasted 42 days," an anonymous crypto trader, Rekt Capital, told X. "It's been a long

blockchain crypto cryptocurrency Altcoins have topped out (SpotedCrypto)

Andrew Kang: "Altcoins have topped out, except for some memes"

As Andrew Kang, co-founder of crypto investment firm Mechanism Capital, recently told X, "A common mistake crypto investors make is buying too quickly when an uptrend turns down. The correction is longer and deeper than most people expect. When the majority are liquidating and questioning that crypto is dead,

blockchain crypto cryptocurrency michael saylor btc rise to 10m (Spoted Crypto)

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

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