Stay calm: Bitcoin whales are selling, but it’s no ‘sudden exodus’
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits.
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
BitMart’s sudden shutdown triggers withdrawal delays and on-chain panic, echoing the ghosts of 2022
With ETH drained from its wallets, BitMart faces a wave of stuck user withdrawals after abruptly announcing its closure BitMart sa...
Ethereum (ETH) Price Prediction: ETH Holds Above $1,745 as Analysts Watch $1,975 Resistance and $2,470 Target
Ethereum is trading under pressure after a sharp daily decline, but several technical analysts say the broader recovery structure...
Strategy raises over $500M through equity sales, but its Bitcoin pile stays exactly the same
Strategy's cash reserve bolsters financial stability, potentially influencing Bitcoin market dynamics with latent buying power. Th...
Trump administration pushes for fast exit from Iran conflict as crypto markets ride the volatility wave
The swift exit strategy from the Iran conflict highlights geopolitical tensions' impact on crypto markets, emphasizing Bitcoin's r...
XRP Price Prediction: Fed Rate Decision and Ripple ETF Flow
XRP prediction remains mixed as its price trades near $1.5, down about 5% over the past 24 hours, while traders await the Federal...
Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy
Bitcoin Magazine Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy Nasdaq-listed miner Core Scient...