Este artículo también está disponible en español. On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Santiment, the Bitcoin whales have shown an increase in activity…
An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new post on X, analyst Willy Woo has discussed about the latest trend occurring in the Bitcoin Spent Output Profit Ratio…
On-chain data suggests a majority of the Bitcoin exchange inflows are currently coming from investors holding their coins at a loss. Bitcoin Exchange Inflow Volume Is Tending Towards Losses Right Now According to data from the on-chain analytics firm Glassnode, the short-term holders are mostly contributing to these loss inflows. The “exchange inflow” is an…
Bitcoin price has dropped quite a bit from its $69,000 all-time high but it continues to maintain high values. Investors who have been in the market for a while are deep in profit, while a small minority are the only ones in loss. Nevertheless, it goes to show how much the digital asset has grown…