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HODLers’ Selling Pressure Halts Bitcoin Recovery Movement
July 13, 2024On-chain data reveals a significant trend indicating that Bitcoin long-term holders have been actively selling their holdings, potentially contributing to the current bearish momentum in the market. One key metric…
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Decrease in USDT Exchange Outflows Suggest Lesser Selling Pressure
July 1, 2024Recent data analyzed by CryptoQuant reveals a significant trend in the top 10 USDT transactions, indicating a decrease in outflows from exchanges. This shift is crucial in understanding market dynamics…
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Bitcoin Traders Anticipate Prices Reaching $74K Highs as Selling Pressure Relaxes
May 16, 2024Bitcoin’s price potential keeps climbing, with predictions now reaching as high as $74,000 in the near future. This surge is being driven by a combination of softer U.S. inflation numbers…
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Activity from Three Giant Altcoin Whales: Two Selling, One Buying
April 22, 2024Prominent cryptocurrency whales have been actively involved in trading significant amounts of altcoins during the recent quiet period. One noteworthy transaction involves MakerDAO’s Multisig wallet, which deposited 421.98 MKR (equivalent…
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Selling of Grayscale GBTC speeds up while Bitcoin ETF inflows continue to rise, driven by BlackRock
March 1, 2024Grayscale’s GBTC experienced significant outflows of nearly $600 million on Thursday, marking its largest single-day redemption since January 22. However, despite this sell-off, inflows into other spot bitcoin ETFs managed…
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Purchasing, Selling, and Exchanging Tokens on the Arbitrum Network: A Guide
January 21, 2024The Arbitrum (ARB) network is a Layer 2 scaling solution designed to address the scalability issues and high transaction fees that have plagued the Ethereum network. Developed by Offchain Labs,…
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Guide on Purchasing, Selling, and Exchanging Tokens on the BSC Network
January 15, 2024Binance Smart Chain (BSC) has quickly become a force to be reckoned with in the blockchain ecosystem, providing users and developers with a range of benefits and opportunities. As a…
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Mark Cuban’s Actions Trigger Panic Selling of Polygon Tokens Among Investors
December 26, 2023Billionaire investor Mark Cuban has deposited millions of Polygon (MATIC) to Coinbase in what appears to be a liquidation move. According to data from Spot On Chain, a wallet labeled…