#whale dumping

Bitcoin is Down To $34,500 But Bulls Are Still Optimistic

Bitcoin has dropped to lows not yet seen this year, but while whales benefit, bulls are optimistic and bears are not surprised. The price of Bitcoin dropped further on Saturday, January 22 as the market continued in a downtrend. This is the lowest value that the asset has dropped to since this year. Bitcoin has lost 48% of its value in November 2021, when the asset trades above $69,000 per unit.…

Whale Dumping of 10k Bitcoins: Are Some Whales Cashing Out?

Bitcoin Recently Hit An All-Time-High of $66,800 A recent release by Glassnode stated that A record-breaking 10K #Bitcoin ($625 million) was just dumped by one of the largest whales. Bitcoin is now trading above $65,000 in a new record high not yet seen in the coin market. Among the happenings observed this week is the movement of BTC worth $625 million from a wallet apparently owned by a whale.…