News
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.
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Whale News
A cryptocurrency whale, often known simply as a “whale,” is an individual, institution or exchange in the crypto community that holds substantial quantities of cryptocurrencies. Whales hold enough cryptocurrency to be able to manipulate the price of cryptocurrencies. As a result, the state of the market can be understood by observing how whales act, whether they are selling or accumulating.
A whale occasionally posts a sizable order to sell a considerable amount of its cryptocurrency tokens, also called the “sell wall” effect. They maintain a lower price than other sell orders, leading to volatility, which generally lowers the price of digital coins. Following this, there is a domino effect where others sell their tokens at lower prices out of panic. As a result, whales gain more power, as they can purchase more coins for less money.
In addition, whales frequently artificially raise the price of the tokens by placing large buy orders, which is the opposite of the sell wall effect. They increase interest in cryptocurrency tokens, which motivates buyers to improve their offers. In essence, whales impact other token investors through a ripple effect. They can influence the market in their favor by raising and lowering prices.
- Market Analysis
Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 curtailed a potential recovery to $110,000.
3049 - News
A community member called the $3 million wipeout “performance art,” saying that only in crypto do villains torch millions purely for the sake of the plot.
2931 - Market Analysis
A bullish breakout lifts Bitcoin toward $110,000, but a stablecoin build-up and looming CME gaps signal caution.
3078 - Markets News
Despite $1.7 billion in spot Bitcoin and Ether ETF outflows, whale accumulation and altcoin inflows continue to stabilize sentiment across the broader crypto market.
1748 - News
Many long-term Bitcoiners are selling up, such as early arbitrage trader Owen Gunden, who shifted the last of his 11,000 Bitcoin to an exchange.
8752 - Markets News
Over $100 billion in old Bitcoin has moved as spot ETFs see record outflows, igniting debate over whether true OGs or traders are driving the market sell-off.
2366 - How to
Whales still move prices, but ETF flows, exchange liquidity, and macro shifts now decide Bitcoin’s daily color.
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Galaxy pointed to changing liquidity patterns and leveraged liquidations as key reasons for cutting its Bitcoin price outlook.
8723 - Newsletter
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend.
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The Satoshi-era Bitcoin whale was last active in June 2011, but initially mined its coins between April and June 2009, soon after the network went live.
5193 - News
Wealthy Bitcoin holders are moving billions into ETFs like BlackRock’s IBIT as tax benefits and SEC rule changes drive a shift away from self-custody.
4833 - News
The $11 billion Bitcoin whale made millions in profit from last week’s crypto market crash and continues betting on more downside.
12240 - Altcoin Watch
XRP showed renewed strength after weeks of declines, emerging as one of day’s top performers among major cryptocurrencies.
3543 - Market Update
Bitcoin investor sentiment slumps to a yearly low, but Bitwise says fear may signal a prime accumulation phase for BTC.
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