Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops T...
Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest rates by 25 basis points, a move that initially generated volatility across risk assets. While the market’s reaction has leaned bearish in the short term, on-chain data tells a very different story beneath the surface. Related Reading: The Whale Who Can’t Stop Buying: BitcoinOG Scales Ethereum Long To $280M After Price Surge According to new insights from CryptoQuant, one of the most striking signals comes from the Exchange Inflow Coin Days Destroyed (CDD) metric on Binance, which has....
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Data shows about $109 million in MATIC has entered into Binance’s wallets during the past day, a sign that Polygon whales may be selling currently. Polygon Whales Have Deposited Large Amounts To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, multiple large MATIC movements have been spotted on the Ethereum […]
Crypto analyst Ali Martinez has cautioned that XRP may be approaching another downswing after the Tom DeMark (TD) Sequential flashed a fresh sell signal on the daily timeframe. In a new video and transcript shared alongside a TradingView chart of the Binance XRP/USDT perpetual contract, Martinez said, “XRP could be bound for a correction. The TD Sequential Indicator on the daily chart has been remarkably accurate in calling XRP’s trend reversals over the past three months, and it has just flashed another sell signal.” Is XRP Poised For A 16%+ Drawdown? Martinez anchored the call in a....
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 […]
The tariff news cycle has unleashed a wave of FUD on the Bitcoin market. Here’s how the whales on the largest exchange have been reacting to it. Bitcoin Exchange Inflows Have Been Dropping On Binance Recently In a CryptoQuant Quicktake post, an analyst has talked about how the Bitcoin Binance whales have been behaving recently. […]
Bitcoin’s price has once again turned bearish after briefly recovering to $94,000 on Monday. Notably, the cryptocurrency had shown signs of strength earlier this week following a period of decline, but the recovery was short-lived. As of today, Bitcoin slipped below $90,000, marking a 1.8% decrease in the past 24 hours. According to CryptoQuant analyst Crazzyblockk, one key factor contributing to this downward movement appears to be increased selling pressure from large Bitcoin holders. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Whales and....