Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Santiment data suggests that whales have been actively accumulating BTC over the past 12 weeks.</strong></li> 
 <li><strong>BTC needs to reclaim $29.6K to prevent a lower high from forming.</strong></li> 
 <li><strong>The 9-day EMA line crossed below the 50-day EMA line over the past 24 hours.</strong></li> 
</ul> 
<p>Whales have actively been accumulating <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> over the past 12 weeks, according to a Twitter post shared earlier today by the on-chain analytics platform, Santiment. There are about 15,870 BTC addresses that hold at least 100 BTC coins. Furthermore, Santiment’s data revealed that these whales own approximately 11.5 million BTC.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f433.png" alt="🐳" class="wp-smiley" style="height: 1em; max-height: 1em;"> There are currently 15,870 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> addresses that hold at least 100 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>. Collectively, these whales own 11.5M <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>, making up over half of the total existing supply (59.2%). Over the past 12 weeks, their collective share has risen by 27,755 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>. <a href="https://t.co/D5BS5Tt1Ja" target="_blank" rel="noopener noreferrer nofollow">https://t.co/D5BS5Tt1Ja</a> <a href="https://t.co/Dr99JXpK1e" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Dr99JXpK1e</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1686977209033195520?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 3, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>This BTC makes up more than half of the total existing supply. Additionally, these whales still seem to have a thirst for purchasing BTC as, since 16 May 2023, their collective share has risen by 27,755 BTC.</p> 
<p>Meanwhile, Altcoin Sherpa, a cryptocur…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-at-risk-of-visiting-27ks-if-it-does-not-reclaim-29-6k/">BTC At Risk of Visiting $27Ks if It Does Not Reclaim $29.6K</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC At Risk of Visiting $27Ks if It Does Not Reclaim $29.6K

Coin Edition

Andra artiklar publicerade 3 aug. 2023

Shiba Inu Mystery: Three Addresses Receive Enormous 4.2 Trillion SHIB

Top 5 Canadian Bluechip Stocks Likely to Yield Huge Profits

The Truth Behind BALD Coin’s Rug Pull and FTX’s Alleged Involvement

Coinbase Launches Base Mainnet on August 9, Celebrates Onchain Summer

Unibot maintains first-mover status among Telegram crypto trading bots

Crypto Cyberattacks Surge: BlackBerry Reveals Top Targeted Malware

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!