Hello people! 😀
In this post I would like to tell you about the latest movements of the whales in the crypto market, since the activity is quite striking😤
In the last 72 hours there is a lot to report on Bitcoin (BTC), but especially on whales. On the one hand, we can talk about a massive sale or movement of funds executed by Bitcoin whales. On the other hand, we can highlight that this could continue in the following days. To the following details we have so far.
Let us remember that Bitcoin whales is the name given to those addresses that have more than 10,000 BTC. Consequently, these have the power to affect the performance of the Bitcoin price at key moments. However, their activity is not always evident in the eyes of everyone, as they have multiple strategies to achieve their goals.
How has the Bitcoin Whales performed?😵
Over the past 72 hours, Bitcoin whales moved a total of 44,246 BTC through 30 trades, according to Whale Alert. This Tuesday, May 10, the movement of a total of 32,150 BTC took place, while this Wednesday only 12,096 BTC have been registered.
Currently, we can say that the predominant trend is the introduction of liquidity to the market, at least in terms of mobilized BTC. Specifically, 19,151 BTC passed from unknown wallets to exchanges (43.28% of the total).
Next, the second strongest trend was the accumulation of BTC. Thus, we have that 12,613 BTC passed from exchanges to unknown wallets in this time. With this, it represents 28.51% of the total.
In third place, we place the transfer between exchanges, with 12,482 BTC (28.21% of the total). Finally, it should be underlined that no transactions between unknown wallets were recorded.
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Hello :) Interesting data here. By the way, please check your post, the content seems to be redundant :)
Posted Using LeoFinance Beta
Thank you!
Already reviewed and updated🙂😜
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