W o r l d . C r y p t o . G l o b a l

Loading

Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.

Contact Info

CATEGORY: bitcoin whales


Top Bitcoin Price Predictions Amid BTC Buying Spree from Large Investors

Author: Dimitar Dzhondzhorov
Bulgaria
Sep 06, 2024 01:00

Top Bitcoin Price Predictions Amid BTC Buying Spree from Large Investors

Investors holding between 100 BTC and 1,000 BTC currently control a fifth of the asset's circulating supply.

How much Bitcoin does the average whale hold?

Author: Cointelegraph by Biraajmaan Tamuly
United States
Sep 04, 2024 12:00

How much Bitcoin does the average whale hold?

Bitcoin addresses with balances between 1,000 and 10,000 BTC hold the largest share, 24.17%, of the total BTC supply. 

Sep 04, 2024 05:50

Bitcoin, XRP See Declining Whale Activity: What It Means

On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in [...]

The post Bitcoin, XRP See Declining Whale Activity: What It Means appeared first on Crypto Breaking News.

Sep 23, 2024 12:05

Bitcoin Whales Take Profit After Latest Price Jump Heres How Much They Sold

The latest on-chain data shows that a particular class of Bitcoin investors has been selling for profit in the wake of the recent price rally. The question here is how much did they sell and how much impact could it have on the Bitcoin price trajectory? Bitcoin Whales Dump 30,000 BTC In Four Days Impact On Price? In a new post on the X platform, prominent crypto pundit Ali Martinez revealed that Bitcoin whales have been increasingly active in the market in the days following BTC’s return to above $63,000. This on-chain observation is based on the drop in the total holdings of whales with balances between 1,000 and 10,000 BTC. Related Reading: Crypto Whales Buy $228 Million In XRP Following $5 Price Prediction According to data from Santiment, this cohort of Bitcoin whales has offloaded more than 30,000 BTC (worth around $1.86 billion) in the past 96 hours. Interestingly, this level of whale activity came after the premier cryptocurrency witnessed a price upswing triggered by the interest rate cut by the US Federal Reserve. Whales which typically refer to individuals or entities holding significant amounts of a particular cryptocurrency are perceived to hold considerable influence over the market due to the size of their holdings. Hence, their buying or selling activities can precipitate abrupt price swings in the short term. The Bitcoin market has been under a considerable amount of bearish pressure so far in September, falling to as low as $53,000 at some point. The Fed rate cut seemed like the perfect catalyst to turn things around and spark a fresh bullish momentum. However, profit-taking observed amongst the large investors could stall this recovery. When whales sell off their assets, it often causes other investors to tread the market with caution, as they wonder what the large holders know. This can lead to heightened selling pressure or a momentary price pullback.  BTC Price At A Glance  Nevertheless, it is worth mentioning that the Bitcoin price has made significant movement in the past few days. As of this writing, the flagship cryptocurrency is valued at $63,131, reflecting a mere 0.1% decline in the past day. According to data from CoinGecko, the value of BTC has increased by more than 5% in the past week. The market leader seems to be performing even better on broader timeframes. Related Reading: Over 150,000 ETH Moved To Exchanges In The Last 24 Hours: Whats Next For Ethereum? For instance, the Bitcoin price performance this month has been nothing short of surprising, as September is historically a bearish period for the premier cryptocurrency. BTC is up by more than 6.8% this month, its highest-ever average return in September. Featured image created with Dall.E, chart from TradingView

Sep 20, 2024 01:00

Bitcoin Whales Signal Confidence as Net Inflows Remain Positive

The last instance of weekly negative flow among these whales occurred in May.

Sep 15, 2024 12:05

Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment

Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that may result in a sustained price rally for Bitcoin and other cryptocurrencies. Related Reading: Bitcoin On-Chain Health Remains Net Positive: ARK Invest Report Bitcoin Accumulation, Exchange Outflow Signal Bullish Sentiment  In an X post on Friday, Santiment shared key developments in the BTC market that could encourage retail investors’ participation in the coming weeks.  The on-chain analytics team reported consistent levels of massive accumulation from BTC whales and sharks. When large-scale investors such as these consistently purchase a massive amount of an asset, especially during downturns or turbulent periods, it indicates confidence in the assets long-term profitability. Bitcoin is within inches of regaining the coveted $60K market value for the first time since falling below back on August 29th. The dynamic duo of mid-term accumulation from sharks & whales, and falling levels of BTC on exchanges, sets the stage for crypto to roll again. pic.twitter.com/LHyxaK4Rci Santiment (@santimentfeed) September 13, 2024 According to Santiment, Bitcoin sharks and whales i.e. wallets holding 10 BTC and above, have acquired 28,500 BTC in the last three months bringing their total holdings to 16.18 million BTC, valued at $978.29 billion.  Aside from this encouraging accumulation trend, Santiment has also noted a decline in Bitcoin supply on exchanges. For context, an increase in exchange balances of an asset indicates investors are cautious and selling or preparing to sell their holdings. The opposite of such a scenario means that investors are moving their holdings to self-custodial wallets, likely in anticipation of a price rise. Based on Santiments report, approximately 75,000 BTC, valued at approximately $4.54 billion, has been withdrawn from exchanges in the last three months, bringing the current total exchange Bitcoin balance to $1.86 million BTC. Santiment concludes that the combination of these two factors i.e. constant accumulation by big investors and a decrease in exchanges BTC supply indicate that Bitcoin and the crypto market at large are gathering momentum for a massive price rally.   Related Reading: Why Bitcoin Retesting $57,000 Is Good For The Price Massive Bullish Divergence Signals Potential Altcoin Rally In other news, crypto analyst Michël van de Poppe has noted a large weekly bullish divergence on TOTAL3/BTC, a trading chart that tracks the combined value of all altcoins excluding Ethereum in BTC.  This bullish divergence largely indicates that selling pressure is weakening and altcoins are about to rally against the crypto market leader. Such notions align with van de Poppes long predictions of altcoins superseding Bitcoin in market dominance and performance in the coming months. At the time of writing, Bitcoin continues to trade at $60,369 with a market gain of 4.25% on the last day. Meanwhile, the total crypto market cap is valued at $2.1 trillion following a 2.55% gain in the last day. Featured image from Reuters, chart from Tradingview

Aug 08, 2024 05:50

Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation

Over the past few days, Bitcoin (BTC) has seen a significant surge in whale accumulation. Ali highlighted that the “number of BTC addresses holding 100+ BTC increased from 15,913 to 16,006 during the recent correction. While this trend is noteworthy because it suggests whales bought the dip, Ki Young Ju, the CEO of CryptoQuant, an on-chain [...]

The post Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation appeared first on Crypto Breaking News.

Aug 08, 2024 01:00

Bitcoin Whales Accumulated $22.8 Billion in BTC Despite Market Drop

CryptoQuant data shows whales have accumulated $23 billion in BTC over the past month despite the ongoing market downturn.

Sep 01, 2024 02:30

Bitcoin Whales Surge to 17-Month High Amidst Retail Uncertainty

Bitcoins present market dynamics show its largest holders have made a bold move. According to Santiments data, Bitcoin whales are now taking more interest in the network. Just in the past month, the net addition of 283 wallets, each with at least 100 BTC, has been recorded. This brings the total to a record 16,120 […]

Aug 21, 2024 01:00

The Big Players Are Buying: Bitcoin Whales Scoop Up 94.7K BTC in Just 6 Week

As market uncertainty drives out traders, Bitcoin whales have added 94.7K BTC to their wallets over the last six weeks.

Aug 14, 2024 12:05

Bitcoin Whales Participate In $588 Million Selloff: Is There More To Come?

On-chain data shows the Bitcoin whale entities have sold approximately $588 million in the cryptocurrency during the past week. Bitcoin Whales Have Made Large Selling Moves Recently As pointed out by analyst Ali Martinez in a new post on X, the BTC whales have sold around 10,000 BTC over the last seven days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of Bitcoin that a given wallet group currently holds. Related Reading: Only 66% Of Ethereum Holders In Profit Despite 21% Price Jump The addresses or investors are divided into these cohorts based on the number of tokens that they are carrying in their balance right now. A holder with 5 BTC, for instance, is put inside the 1 to 10 coins group. In the context of the current topic, the whale cohort is of interest, which typically includes the addresses holding between 1,000 and 10,000 coins. At the current exchange rate, this range converts to $58.8 million at the lower end and $588 million at the upper one. Clearly, the investors belonging to the group would be among the largest in the market, so the cohort can be considered to have some influence. As such, the behavior of the whales can be worth keeping an eye on. Now, here is a chart that shows the trend in the Supply Distribution for this Bitcoin group over the past few months: As displayed in the above graph, the Bitcoin supply held by the whales has observed a significant decline recently. More specifically, the investors belonging to the cohort have removed a combined 10,000 BTC from their wallets during this selloff, worth about $588 million right now. From the chart, it’s visible that the sharpest selling came during the crash that BTC saw earlier, but these whales have also offloaded significant amounts in the recovery rally that has occurred over the last few days. So far, the Supply Distribution of the cohort has shown no signs of a reversal, so it’s possible that the whales are still in net selling mode. Naturally, this could slow down the asset’s recovery efforts. Nothing is set in stone, though, so the indicator could be used to monitor the coming days to see which direction these humongous investors really take. A net accumulation spree would suggest a renewal of confidence among the large hands and could pave the way for a further rise in the Bitcoin price. Related Reading: Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000 In some other news, BTC has been forming a symmetrical triangle pattern recently and is closing in on its apex, as the analyst has explained in another X post. “Bitcoin is showing a symmetrical triangle on the lower time frames,” notes Martinez. “A sustained close outside the $59,000 – $59,530 range could trigger a 4.80% move for BTC.” BTC Price Bitcoin has struggled to put together bullish momentum in the last couple of days as its price has slumped to $58,800. Featured image from Dall-E, Santiment.net, charts from TradingView.com

Aug 11, 2024 12:05

Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC price had slipped below the Realized Price of the short-term holder whales earlier. The “Realized Price” here refers to an indicator that keeps track of the average cost basis that the investors of a particular group currently share. Related Reading: Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times When the asset’s spot price is under this metric, the holders belonging to the cohort are in a state of net unrealized loss. Similarly, it being above the indicator implies the group is enjoying profits. In the context of the current topic, there are two market segments of interest: the short-term holder and long-term holder whales. The short-term and long-term holders are the two main divisions of the Bitcoin sector based on holding time. The short-term holders (STHs) are the investors who bought their coins within the past 155 days, while the long-term holders (LTHs) include the hands who have kept their coins dormant for longer than this period. The “whales” generally refer to the entities that carry at least 1,000 BTC in their wallets, so the STH and LTH whales would naturally correspond to the large members of the respective cohorts. Now, here is a chart that shows the trend in the Realized Price for these two Bitcoin groups over the past few years: As displayed in the above graph, the Bitcoin spot price had slipped considerably below the Realized Price of the STH whales during the recent market downturn. However, with the price observing recovery, it has now neared back to that level. The average cost basis of the STH whales is between $64,000 and $65,000, so a retest of it could be coming soon. However, Such a retest could prove difficult for the cryptocurrency. The STHs represent the weak hands of the market, which can be sensitive to changes in the market. The cost basis is naturally an important level for any investor, but this cohort especially can be likely to react when such a retest happens. Since most STH whales have been at a loss recently, some may be desperately looking forward to a retest taking place so they can exit from the market at their break-even level. It remains to be seen whether Bitcoin will overcome this obstacle if the current recovery rally continues that far. Related Reading: XRP Sharks & Whales Push Bags To ATH As Price Rockets 19% While the STH whales suffer losses, the LTH whales continue to be in high profits as their Realized Price is at just $22,000, implying that their patience has paid off. BTC Price Bitcoin had briefly broken above $62,000 during the past day, but the coin’s price has since seen a retrace to $60,500. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

Jul 09, 2024 03:35

Dormant Bitcoin Address with $2.74M BTC Wakes Up After 13 Years of Inactivity

A Bitcoin address holding 48 BTC worth $2.74 million has been activated after 13 years of dormancy.  Leading crypto tracking…

The post Dormant Bitcoin Address with $2.74M BTC Wakes Up After 13 Years of Inactivity    first appeared on The Crypto Basic.

Jul 05, 2024 03:35

Heres Why Bitcoin is Down Today as It Slumps by an Extra 5%

One of the reasons behind the Bitcoin drop today, which amounted to a 5% slump, is a slew of selloffs…

The post Heres Why Bitcoin is Down Today as It Slumps by an Extra 5% first appeared on The Crypto Basic.

Jul 05, 2024 03:35

Dormant Bitcoin Whale Awakens with $6.99M After 12 Years of Inactivity

A dormant Bitcoin whale address holding 119 BTC, now worth $6.99M, has reawakened after 12.4 years, conducting multiple transactions. A…

The post Dormant Bitcoin Whale Awakens with $6.99M After 12 Years of Inactivity first appeared on The Crypto Basic.

Jul 04, 2024 05:50

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In Red As the world’s most valuable coin finds itself at a critical juncture, fast approaching [...]

The post Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue? appeared first on Crypto Breaking News.

What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment

Author: Cointelegraph by Zoltan Vardai
United States
Jul 04, 2024 12:00

What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment

Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.

Bitcoin large sellers 'exhausted' as $67K price holds

Author: Cointelegraph by Ciaran Lyons
United States
Jul 22, 2024 12:00

Bitcoin large sellers 'exhausted' as $67K price holds

Bitcoin is seeing a reduction in selling pressure from large investors as its price continues to hold above $67,000.

Jul 18, 2024 03:35

Two Bitcoin Addresses Holding 155 BTC, Worth Only $20K 10 Years Ago, Wake Up from Dormancy

As the broader crypto market shows signs of recovery, Whale Alert indexes the reawakening of two dormant Bitcoin addresses containing…

The post Two Bitcoin Addresses Holding 155 BTC, Worth Only $20K 10 Years Ago, Wake Up from Dormancy first appeared on The Crypto Basic.

Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating

Author: Cointelegraph by Zoltan Vardai
United States
Jul 18, 2024 12:00

Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating

Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling.

Your Crypto Gateway

Claim 1,000
Free WCG Coins

World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.

11 bn

FREE CRYPTO COINS

8.9 bn

AVAILABLE FOR RESERVATION

2.1 bn+

ALREADY ALLOCATED

× WCG Coin

🎉 Get 1,000 WCG Coins

No fees. No catch. Your crypto journey starts here.