For much of this month, bitcoin BTC$67,784.40 has been trading around the mid-$60,000s. That much is humdrum. The interesting bit is a developing split in coin ownership that could shape what happens next. Data from Santiment shows the number of wallets holding less than 0.1… Read More
Very large investors, or whales, holding 10,000 bitcoin or more are currently the only ones that are buying the largest cryptocurrency as prices plummet. All other holder groups are hitting the sell button, according to onchain data. This divergence is highlighted by Glassnode’s Accumulation Trend… Read More
According to CoinDesk Research’s technical analysis data model, ether ETH$3,348.88 fell 3.3% to $3,331 in the past 24 hours, breaking below the key $3,400 support level despite evidence of aggressive whale accumulation. ETH-USD 1-Month Chart (CoinDesk Data) The decline wiped out recent gains as sellers… Read More
