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Bitcoin whales withdraw $198M from Kraken, easing selling pressure and supporting supply conditions.

Market News
26 Jul 2026
AMBCrypto
View Source
Bullish
Bitcoin whales withdraw $198M from Kraken, easing selling pressure and supporting supply conditions.

Nearly 3,080 BTC worth about $198 million were withdrawn from Kraken by large holders, signaling long-term accumulation rather than immediate selling. This move, combined with a sharp rise in Bitcoin's Stock-to-Flow Ratio and reduced selling by miners, indicates tighter supply and improved scarcity. Bitcoin's price remains supported near $63,824 within an ascending channel, suggesting a constructive recovery outlook. The next price direction depends on whether buyers can maintain support above this level.

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Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

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Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...

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Cryptocurrency prices show mixed movements with Bitcoin near $79,400 and notable gains in some altcoins.

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Bitcoin holds near $80K as U.S. spot Bitcoin ETFs draw nearly $1B in inflows last week.

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Bitcoin hovers near $80K amid uncertainty over Fed and ECB rate hikes in September.

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Bitcoin's price fluctuated around $79,600 as markets await the Federal Reserve's September 16 decision, with the probability of a rate hike at about 50% after cautious Fed signals. The European Central Bank may also raise rates mid-September due to r...

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Cryptocurrency prices show mixed movements with Bitcoin near $79K and notable gains in LINK and TAO.

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