Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. In the latest record of whale transactions this year, on-chain data has shown that a set of dormant Bitcoin from 2017 has moved for the first time in six years. Peckshield, a blockchain…
Bitcoin is struggling to reclaim $70,000. The price chart looks uninspiring. And according to the data, surface reading is missing the most important thing happening in this market right now. Related Reading An XWIN Research Japan report has identified a structural divergence that the price alone cannot show. On the surface, the signals are bearish:…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Recently, the crypto community witnessed a notable event as a dormant Bitcoin whale, inactive for nearly four years, returned to the market. According to data from the crypto analytics platform Lookonchain, this enigmatic entity transferred 3,623 BTC, worth roughly $136.94 million, to two newly created wallets. Market Speculations And Potential Impact This mysterious investor initially…
Known Bitcoin whale JOE007 compared current market trends to November 2018 trends. Calling it November 2018 vibes. This was in reply to a tweet that called Bitcoin at $30K the new Bitcoin at $6K, referring to the market trends of 2018 when Bitcoin crashed after the bull market ended. Replying to the tweet, Joe tweeted;…
The Bitcoin all exchanges whale ratio has soared, which might be an indicator that a crash could be coming soon, based on past patterns. The All Exchanges Whale Ratio Soars As pointed out by a CryptoQuant post, the Bitcoin All Exchanges Whale Ratio had a sharp spike on Sunday. The BTC All Exchanges Whale Ratio…
Bitcoin whale deposits to Binance fell sharply in December, a shift CryptoQuant framed as a constructive near-term signal because it implies less immediate sell-side supply moving onto the market’s biggest exchange venue. Bitcoin Selling Pressure Is Fading For Now CryptoQuant analyst Darkfost wrote on Dec. 24 that “the latest data shows a clear decline in…
Bitcoin continues to grapple with the psychological $100,000 milestone, failing to break above this critical resistance after a retrace from all-time highs. This prolonged stagnation has sparked discussions about a potential correction or deeper retrace as the market awaits confirmation of Bitcoin’s next major move. Both analysts and investors are closely monitoring the situation, eager…
An anonymous Bitcoin wallet holding 1,005 BTC recently woke up after 13 years of dormancy. This dormant wallet was one of the earliest Bitcoin wallets created, having received its first 1,000 BTC transaction in November 2010, just a little over a year after the Bitcoin mainnet launched. During this time of Bitcoin’s humble beginnings, its…
Another bitcoin wallet containing millions of dollars worth of BTC has come out of dormancy. As time goes on, more and more of these wallets are being reactivated by their owners who have, for one reason or another, not transacted using these wallets for years despite having what is considered life-changing money in them. This…