Bitcoin Enters “Very Bullish” Zone as Whales Accumulate

Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders

Bitcoin has entered a very bullish green zone as whale accumulation contrasts sharply with continued selling from the smallest retail holders' wallets.

Bitcoin (BTC) climbed to a high of $97,800 on Wednesday even as global geopolitical tensions remained high, pushing its weekly gains to nearly 8%.

Interestingly, on-chain data showed large holders increasing accumulation while smaller retail wallets reduced exposure.

Whales Are Back
According to the latest analysis shared by Santiment, whale and shark wallets holding between 10 and 10,000 BTC have collectively accumulated a net 32,693 Bitcoin since January 10. In the process, these players have raised their combined holdings by 0.24%. This level of accumulation is the highest seen in approximately two months, based on its findings.

However, the same cannot be said for shrimp wallets that hold less than 0.01 BTC. This cohort has collectively sold 149 BTC over the same period, which resulted in a 0.30% decline in their aggregate balances. Hence, there is significant divergence in behavior as accumulation remains concentrated among higher-balance wallets while micro holders reduce positions. This pattern has continued through recent trading sessions and coincided with BTC’s advance toward the recent uptick.

Santiment said that this is the ideal setup for a bull run. The analytics firm also added that how long it lasts depends on how long retail traders continue to doubt the emerging mini rally.


21% Profit on #PUMP/USDT

Our Team accounts for the Best in the Trade market, with thorough understanding of the Market behavior and trends.

We have a skilled team of full time crypto traders who excel in market analysis and trading.

Just visit the link above and see our stats, the accuracy of our signals and words of appreciation from our members

Comments

Post a Comment

Popular posts from this blog

DOGE Millionaires Accumulate – Is a 30% Rally Coming?

Visit this link and make consistent profit in Binance futures & SPOT trading –  https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app DOGE’s extremely oversold conditions hint at price reversals akin to its 400% price boom in 2024. Dogecoin price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at price rebound By joining our Binance signal service you will be able to exactly follow the Binance Futures Market trades of our highly Experienced Traders. High Performance Signals Verified by Huge Number of Traders.Reliable signals from Experienced Traders. It is very easy to grow your Binance account by being part of our Growing Community. We have some expertise in trading, our team is well aware of the market fluctuat...
Read more

BTC-to-Gold Ratio Drops as Gold Price Reaches Historic $3K

Image
Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit - https://play.google.com/store/apps/details?id=com.freecryptosignals.app Bitcoin is in the process of breaking its multiyear uptrend against gold, mirroring the March 2021–March 2022 fractal, suggesting BTC price could drop below $65,000. Bitcoin breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. Is Bitcoin’s bull market over? Let’s take a closer look at BTC’s correlation with gold. Gold hits new record high as Bitcoin’s uptrend cools The BTC/XAU ratio breakdown occurred as spot gold rates hit a new record high above $3,000 per ounce on March 14, after rising by about 12.80% year-to-date. 30% Profit on #S/USDT By joining our Binance signal service you will be able to exactly follow the Binance Futures Market trades of our highly Experienced Traders. High Performance Signals Verified by Huge Number of T...
Read more

Ripple v SEC: Agency Files Opening Brief in XRP Appeal

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/btctradingclub The securities regulator wants an appeals court to rule that XRP tokens sold to retail investors were unregistered securities, the latest in its years-long case against Ripple Labs. The US Securities and Exchange Commission has filed its arguments appealing a federal court judge’s ruling in its partially failed case against Ripple Labs — which has been slammed by the company’s chief legal officer. The SEC argued in a Jan. 15 filing to the Second Circuit Appeals Court that a New York District Court was wrong to rule that XRP sold to retail investors wasn’t an unregistered securities offering. 72% Profit on #BLUR/USDT Thinking of using Cornix trading bot? If yes, then get ready for setting the standard for automated trading. Automate your trading based on our Telegram signal groups. Let the Co...
Read more