By The Numbers: How Much Profits Are Bitcoin Whales & Miners Holding?
Based on on-chain data, here’s how much unrealized profit the various Bitcoin whale and miner groups are holding right now. Bitcoin Whale & Miner Profits Compared Across Cohorts In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed the total unrealized profits currently held by the various on-chain cohorts. Ju has […]
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As Bitcoin halves and ushers in the fifth epoch in April, Ki Young Ju, the founder of the crypto analytics platform CryptoQuant, has unveiled some interesting profitability statistics for various entities. Ju took X to highlight the unrealized profits across different investor groups, unveiling a clear winner: old whales. Bitcoin Rewards Old Whales, Miners According to the […]
Shiba Inu had been the largest token holding among Ethereum whales for the longest time. These whales had held their tokens for longer and when the price of the token had surged, so had the dollar value of their holdings. However, the digital asset has seen its position among the whales challenged at every turn. […]
Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
Whales have not stopped accumulating bitcoin. Current trend patterns suggest that bitcoin whales who hold between 100 to 1,000 BTC remain very bullish on the digital asset’s prospects. The slow month of September had seen the asset suffer dips and crashes which brought the price down to the $40K trading range. However, whales had used this as an opportunity to increase their holdings at a low price. Bitcoin wallets holding between 100 and 1,000 had continued to add to their balance and by the end of September, these wallets had accumulated a collective total of 85.7K BTC. In today’s....
The number of Ethereum addresses holding at least 1,000 ETH dropped to a four-year low this week. Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term.Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its year-to-date peak, the numbers were 7,239 in January.Number of Ethereum addresses with balance of at least 1,000 ETH. Source: GlassnodeOn-chain analysts....