Bitcoin on-chain data hints at institutions 'deploying capital' at expense of 'hodlers'

Österreich Nachrichten Nachrichten

Bitcoin on-chain data hints at institutions 'deploying capital' at expense of 'hodlers'
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

'Sophisticated passive buying' on Bitcoin spot exchanges is balancing out the selling from hodlers.

Adjusted Bitcoin supply shock. Source: Willy Woo

The price recovery witnessed in the Bitcoin market across the last two weeks coincided with a rise in hodlers and speculative investors selling their coins, according toNonetheless, BTC's price ability to withstand the selling pressure meant there was buying pressure coming from elsewhere.

"This view is supported by coins moving away from exchanges to cold storage. Meanwhile, whales who hold more than 1,000 BTC are accumulating. This hints at institutional money deploying capital."Despite the price of Bitcoin going into the weekend, the rise in whale addresses controlling 1,000 to 10,000 BTC has also not gone unnoticed by on-chain data resource Ecoinometrics.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Cointelegraph /  🏆 562. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Shiba Inu Large Transactions Rise to Nearly $390 Million, Accounting for 81% of On-Chain VolumeShiba Inu Large Transactions Rise to Nearly $390 Million, Accounting for 81% of On-Chain VolumeICYMI: ShibaInu large transactions account for 81% of the total on-chain volume SHIB $SHIB SHIBArmy
Weiterlesen »

DeFi Options Protocols Suffered as Ether Fell to $2.1KDeFi Options Protocols Suffered as Ether Fell to $2.1KOptions protocols built on Ethereum and other networks saw falling volumes and users since the start of 2022 mirroring a fall in the broader crypto market. By shauryamalwa
Weiterlesen »

Bitcoin metrics demand BTC price gains as analysis calls for ‘near-term caution’Bitcoin metrics demand BTC price gains as analysis calls for ‘near-term caution’BTC price action may dip below $40,000 before the overall recovery continues for Bitcoin bulls.
Weiterlesen »

Bitcoin business in France: Regulation, education and cash buy frustrationBitcoin business in France: Regulation, education and cash buy frustrationThe solo Bitcoin business in France sat down with us in an exclusive interview highlighting the crypto world in the country.
Weiterlesen »

Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High – Market Updates Bitcoin NewsBitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High – Market Updates Bitcoin NewsPrices of ethereum and bitcoin were volatile on Thursday, as markets reacted to inflation data from the United States.
Weiterlesen »

Custom NFT Marketplace Creaticles Bolsters Advisory Board Ahead of Multi-Chain Expansion – Press release Bitcoin NewsCustom NFT Marketplace Creaticles Bolsters Advisory Board Ahead of Multi-Chain Expansion – Press release Bitcoin NewsPRESS RELEASE. Boston, 10 February 2022 - Creaticles, the world’s first NFT Requests Marketplace, has today announced new signature additions to its
Weiterlesen »



Render Time: 2025-04-17 04:26:54