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.
Bitcoin increased by 1.87% to $82,071 by 9 a.m. ET on October 16, while the overall crypto market capitalization slightly declined by 0.89% to $2.78 trillion. Despite the mixed market, all six major cryptocurrencies gained value in the past 24 hours,...
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
Celestia (TIA) surged 30.32% to $0.696, topping the crypto gainers among the 90 largest cryptocurrencies by market cap. Other notable gainers include Injective (27.40%), LayerZero (22.16%), Ether.fi (16.28%), and NEAR Protocol (15.64%). Meanwhile, Bi...
Bitcoin's mining difficulty increased by 5.92% to 140.58 trillion, marking its highest level since March 2026 and the third-largest hike this year. This rise reflects more computing power joining the network, pushing the hashrate above 1 zettahash pe...
On October 16, XRP recorded the highest funding rate among five major cryptocurrencies, with an annualized rate of 8.9%, indicating strong demand for long positions. Dogecoin experienced the largest 24-hour increase in open interest, rising 8.49% to ...
