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Crypto De Nostradame
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⚡️According to Santiment data, whale addresses with 1,000 to 10,000 BTC have accumulated 266,000 BTC since January 2024. •These whale addresses hold 25.16% of the circulating supply.

⚡️According to Santiment data, whale addresses with 1,000 to 10,000 BTC have accumulated 266,000 BTC since January 2024.

•These whale addresses hold 25.16% of the circulating supply.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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286 Million Dollars worth of liquidation took place in the Crypto Market; So What Happened? Cryptocurrency prices, including #Bitcoin , have fallen in the last 24 hours, resulting in a massive liquidation in the market. More than $286 million in leveraged crypto positions were liquidated from some of these digital assets. According to CoinGlass' on-chain data, approximately 99,014 merchants have liquidated in the last 24 hours. Additionally, the total liquidation amount recorded was $286.26 million. To be exact, the 24-hour liquidation on Bitcoin was $69.2 million, with $44.92 million in long trades and $22.29 million in short trades. #Ethereum saw more liquidations compared to BTC during the same period. Liquidation in #ETH was approximately $91.73 million. Solana (SOL), Dogecoin (DOGE), and other digital assets collectively recorded liquidations of $40.20 million. Meanwhile, during the last 1-hour trading period, ETH saw $4.12 million in liquidations, BTC $1.3 million, and SOL $1.01 million. Other altcoins saw liquidations of several hundred dollars. With the frightening sell-off and market outlook, traders went into panic mode, especially as the liquidation erased the slight gains recorded earlier. Bitcoin, which rose to $73,000 in March and found support at $65,000 a few weeks ago, is trading at $60,437.79, with a price decline of 4.11% in the last 24 hours. For a cryptocurrency that recently halved, BTC is performing poorly by most metrics. Some key technical indicators have highlighted that the technical structure has been fine-tuned and the probability of a decline has increased to $60,000 and possibly below. There are concerns that the slowdown in spot Bitcoin #ETF excitement, which began a few weeks before the halving, contributed to the decline in the underlying crypto price. The launch of the Spot Bitcoin ETF in Hong Kong did not calm investors either. This is because first-day trading volume was weaker than expected. $BTC $ETH $BNB
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Hong Kong ETF Approved Bitcoin Falls! Is Tether Responsible for Everything? In Hong Kong, where #Bitcoin and #Ethereum (ETH) ETFs were launched, the market fell well below expectations on the first day of trading, generating only $11 million in combined trading volume, crypto market analyst WhaleWire posted on April 30. It remained below the target of $125 million. WhaleWire's view of "fabricated and non-existent" institutional demand was in line with its view that the rise in Bitcoin prices over the past few months was a result of #Tether (USDT) "bringing record amounts of money into the markets." On the other hand, according to a report published by Collective Shift senior analyst Nicholas Sciberras on April 22, he pointed out the recent surprising rise of the Bitcoin (BTC) price and stated that peaks are possible, but "catastrophic declines are also possible." There is a theory that the four-year halving event is not as significant as many think, and instead, its alignment with external liquidity cycles is what makes it appear to be a trigger for upward price movement. Sciberras also stated that the block reward will continue to decrease after each halving. Expressing his concerns about the long-term security of Bitcoin, the analyst also expressed his opinion that short-term selling pressure and 'texts' among developers are nothing but spam clogging the network. If Bitcoin continues to be targeted by governments and energy consumption becomes further politicized, this could put pressure on Bitcoin's long-term sustainability. (…) If adoption and demand for #Bitcoin remains insufficient, or if fee revenues are insufficient to incentivize miners to upgrade their hardware and mine new Bitcoins, security may diminish and threaten the network. On the other hand, the decline in Bitcoin price continued. As of writing time, Bitcoin continues to trade at $60,819 after a 5% decline. #HKETF
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Get Ready for Green Candles! According to Analysts, Bitcoin Will Rise Again This Month! The rise of Bitcoin, which started in 2023, created great enthusiasm in the market. #Bitcoin (BTC) may be on the verge of closing April with a big loss, as it is generally traded in the positive zone during this period. A bearish market was triggered for Bitcoin earlier in the day today. The fact that the spot Bitcoin and spot Ethereum ETFs launched in Hong Kong did not see the expected interest, as well as the US Fed interest rate decision announcements that will take place tomorrow, seem to have dragged the market into uncertainty. So what do analysts think about BTC price action? Losses appear to follow a seven-month bullish price outlook reflecting major events such as the launch of the first US spot Bitcoin exchange-traded fund ( #ETF ) and the halving. In particular, he stated that during the price decline, the Bitcoin price had difficulty staying above $ 60,000 and explained that a possible decline below the mentioned level could bring larger declines. The expert noted that Bitcoin has historically fallen in very short periods during bull cycles, with red candles appearing on the monthly outlook for very few investors, and added: “We have only had 3 red moons once during a Bull Cycle, and that was in September 2019, but it was while Bitcoin was correcting the abnormal very early rise following the Libra enthusiasm.” In his analysis, the analyst also emphasized that after each halving, #BTC formed a single red candle five times and a double red candle twice. This model reveals that short-term corrections may also occur, especially on the Bitcoin side, as investors prepare for the rise. Upon a longer-term review, there may still be optimism for a recovery in the future. The analyst stated that there could be a return to positive territory in June, potentially resulting in another positive monthly performance outlook. $BTC $ETH $BNB
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