The Bitcoin halving is scheduled for April 20, reducing the BTC block reward to 3.125 BTC per block.
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.
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Whale accumulation patterns and critical Bitcoin halving fractals suggest a significant rebound for XRP/BTC price in the upcoming months.
16081The funds haven’t moved since 2019 when the whale address received them.
18800The Bitcoin wallet has added 100 BTC tranches regularly since at least November 2022, when FTX collapsed.
12869Dogecoin whales have been actively increasing their DOGE holdings ahead of the anticipated April Bitcoin halving event.
19590The ETH/BTC pair is showing weakness today. Cointelegraph explains why.
10264A few users on X believe the movement of funds indicates a supply shock prior to the halving, while others pointed out that whales are just moving funds to OTC desks or other custodians.
9724Bitcoin on-chain analysis leads one analyst to suggest that BTC price pressure could be down to one long-suffering Bitcoin buyer from 2021.
13463Data shows top traders futures’ Bitcoin long-to-short at the lowest level in 30 days, but what does this mean for BTC's short-term price action.
16264LINK's price is nearing an ascending triangle breakout scenario in December with bullish on-chain indicators strengthening the upside case.
4277XRP has entered a strong correction cycle after testing a multiyear resistance trendline. Is the bull market on pause for now?
10446A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase.
9259Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
21951The community came across an unidentified wallet that stocked up on $3 billion worth of Bitcoin in the last three months, sparking a wave of theories about the potential owner.
27833During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.
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