Bitcoin Profit-Taking Hits $2.25 Billion Following Market Crash — What Could This Mean?
As an aftermath of the October 10 market crash, where Bitcoin’s price reached levels as low as $101,500, the market is exhibiting a recognizable bearish on-chain structure. While the selling momentum seems to be slowing down, giving a sliver of hope to potential market participants, recent on-chain analysis seems to point towards caution as the…
Bitcoin New Investor Dominance Rises – No Signs of Mass Profit-Taking Yet
Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for a major breakout. After more than two weeks of sideways movement between $115,000 and $120,000, BTC continues to trade within this well-defined range—building pressure that typically precedes a sharp move. Data from CryptoQuant highlights a…
Bitcoin Whale Transfers See Massive Spike: Sign Of Profit-Taking?
On-chain data shows the Bitcoin whale transactions have spiked following the latest rally, a sign that profit-taking may have begun. Bitcoin Whale Transaction Count Now Highest In Over 10 Weeks According to data from the on-chain analytics firm Whale Transaction Count,” which keeps track of the total amount of transfers taking place on the BTC…