Large Bitcoin holders, known as whales, have accumulated around 43,000 BTC over the past 60 days, marking a shift from previous months of selling. This accumulation suggests renewed confidence but does not yet indicate a permanent reduction in market supply, as about 28,000 BTC have simultaneously moved back to exchanges. Bitcoin’s price has risen above $65,000, and sustained buying by whales alongside stable or decreasing exchange reserves could signal a stronger market recovery. For now, the data mainly shows a behavioral change among large holders rather than a definitive supply shock or sustained price rally.
XRP's market capitalization surged by over $9 billion in 24 hours, rising 14.5% from $63.08 billion to $72.27 billion on August 20, with its price climbing from $0.99 to $1.15. This rally was driven by renewed support from former President Donald Tru...
Bitcoin surged past $70,000, reaching $71,570—the highest since June 2—driven by a short squeeze that liquidated over 160,000 traders and was supported by US government actions like crypto legislation efforts and bond buybacks. Despite the rally, man...
Bitcoin's price surged over 6% to nearly $69,000 following the US Treasury's decision to double long-term bond buybacks, improving market liquidity. Analyst Geoff Kendrick from Standard Chartered highlights the $65,500 level as a key threshold that, ...
Bitcoin rose 8.8% to $69,687 and Ethereum jumped 18.5% to $2,248, driven by a risk-on market environment with climbing equity indices and steady US 10-year yields. Investors are rotating from safe assets like gold and the dollar into higher-risk cryp...
Solana (SOL) and Ripple (XRP) surged about 10% on August 19, driven by a Bitcoin-led market rally and a short squeeze triggered by U.S. Treasury bond market moves. SOL reclaimed its 200-day moving average and hit a 3-month high, signaling bullish mom...
