Category: accumulation
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Accumulation Addresses Double Since January 2024—Report
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This article is also available in Spanish. With the incredible increase in coin purchases, Ethereum enthusiasts are making waves in the cryptocurrency space. Starting at 11.5 million in January, the latest statistics reveal that there are now 19 million ETH stashed in long-term holding addresses, and it has nearly doubled.…
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Accumulation Addresses Double Since January 2024—Report
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This article is also available in Spanish. With the incredible increase in coin purchases, Ethereum enthusiasts are making waves in the cryptocurrency space. Starting at 11.5 million in January, the latest statistics reveal that there are now 19 million ETH stashed in long-term holding addresses, and it has nearly doubled.…
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Bitcoin Whales ‘Grew Substantially’ During Last Dip, Data Shows Large-Holder Accumulation
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This article is also available in Spanish. Bitcoin reached nearly $69,000 yesterday, setting a new local high and consolidating an ongoing uptrend that began in September. This price movement has fueled optimism among analysts and investors, who are now anticipating big gains in the coming weeks. Investors believe Bitcoin is…
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Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
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This article is also available in Spanish. Bitcoin is at a pivotal moment after it crossed the $68,000 level and set a new local high, confirming its uptrend. Analysts and investors are closely monitoring the next steps, looking for signs of a continued rally or a potential bounce from high…
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Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
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This article is also available in Spanish. Bitcoin is at a pivotal moment after it crossed the $68,000 level and set a new local high, confirming its uptrend. Analysts and investors are closely monitoring the next steps, looking for signs of a continued rally or a potential bounce from high…
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Bitcoin Whales Bought 1.5M BTC In The Past 6 Months: Smart Money Accumulation?
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Bitcoin is experiencing significant volatility and uncertainty after falling below the $60,000 level. This decline sparked mixed reactions among investors. Some view this as a potential bear trap, indicating that the price may rise soon, while others fear that the market may be heading towards a deeper correction. Despite the…
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Bitcoin Holders Return To Accumulation, Why This Is Bullish
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Latest insights from Glassnode’s “Week Onchain” Newsletter It reveals a major shift in Bitcoin market dynamics as long-term holders and large investors appear to be resuming their accumulation pattern. This trend represents a departure from the broad-based distribution seen earlier this year, providing a potentially bullish outlook for Bitcoin, despite…
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Bitcoin Holders Return To Accumulation, Why This Is Bullish
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Latest insights from Glassnode’s “Week Onchain” Newsletter It reveals a major shift in Bitcoin market dynamics as long-term holders and large investors appear to be resuming their accumulation pattern. This trend represents a departure from the broad-based distribution seen earlier this year, providing a potentially bullish outlook for Bitcoin, despite…
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BEAM plummet to December lows triggers whale accumulation
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After Beam hit its lows in December 2023, whales showed increased interest in the asset and started accumulating it. Beam (BEAM) dropped to $0.0106 on August 5 for the first time since December 2023. After a market-wide recovery, the native token of the Beam network emerged as the biggest gainer…
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Aave price surges amid whale accumulation and V3.1 launch
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DeFi protocol Aave is seeing a significant spike in whale activity as the market looks to recover from the recent slide that pushed most altcoins into major support areas earlier this week. On July 31, Lookonchain subscriber Details indicate that whales have been accumulating Aave (AAVE) heavily over the past…
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Aave price surges amid whale accumulation and V3.1 launch
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DeFi protocol Aave is seeing a significant spike in whale activity as the market looks to recover from the recent slide that pushed most altcoins into major support areas earlier this week. On July 31, Lookonchain subscriber Details indicate that whales have been accumulating Aave (AAVE) heavily over the past…
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Ripple (XRP) price gets overbought as whale accumulation continues
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Ripple price saw a strong recovery this week, driven by increased whale activity. Ripple (XRP) price has seen a strong recovery this week, driven by increased whale activity. XRP surged to $0.5705 on Tuesday, its highest level since April 12, marking a 50% gain from its lowest point this month.…
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Ripple (XRP) price gets overbought as whale accumulation continues
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Ripple price saw a strong recovery this week, driven by increased whale activity. Ripple (XRP) price has seen a strong recovery this week, driven by increased whale activity. XRP surged to $0.5705 on Tuesday, its highest level since April 12, marking a 50% gain from its lowest point this month.…
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Chainlink Investors In Accumulation Mode
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Chainlink Investors In Accumulation Mode
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Bitcoin accumulation reaches 3-month high
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Bitcoin (BTC) accumulation phase appears to have started as BTC price has been hovering below $60k for a week. According to data provided by Glassnode, BTC’s accumulation trend has increased from 0.05 on June 1 to 0.44 as of July 10. This level has not been seen since April 11,…
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A Closer Look At Their Continued Accumulation Amidst A $53 Million Loss
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MicroStrategy, a major player in the technology sector, has been making headlines in the cryptocurrency space with its strategic investments in Bitcoin. Despite a net loss of $53.1 million in the first quarter of 2024, the company, led by CEO Michael Saylor, remains steadfast in its Bitcoin strategy, and continues…