Bitcoin risks deeper drop if whale exchange deposits stay high: Analyst
Bitcoin whale deposits to exchanges surged to 9,000 BTC on Nov. 21, with large holders driving 45% of inflows. If it keeps up, Bitcoin could have more to fall.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin whale deposits to exchanges surged to 9,000 BTC on Nov. 21, with large holders driving 45% of inflows. If it keeps up, Bitcoin could have more to fall.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CertiK urges crypto exchanges to cap hot wallet holdings
Implementing hard dollar caps on hot wallets could enhance security but may slow transaction processing, impacting user experience...
Bitcoin (BTC) Price Today: Glassnode Flags Rising Hyperliquid Whale Shorts as BTC Breaks Below 50-Week MA
On-chain data from Glassnode shows a significant shift in whale positioning, adding to an increasingly cautious technical outlook....
BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT
Bitcoin Magazine BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT Large bitcoin holders are swapping coins they guar...
U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too
Bitcoin Magazine U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too FinCEN and the Federal Reserve have formally with...
Pendle becomes the largest DeFi venue for tokenized stocks with about 18.5% market share
Pendle's rise in DeFi tokenized stocks highlights growing interest in yield and leverage, signaling a shift in investment strategi...
MARA Holdings posts $632.1 million Q3 profit as Bitcoin gains offset revenue drop
MARA's reliance on Bitcoin's market value for profit highlights the volatility risk, while diversification efforts may stabilize f...