Na The Daily Hodl - 2 tau ki muri - Te Wa Panui: 2 meneti
Bitcoin Whales Buy Over $2,260,000,000 Worth of BTC During Latest Crypto Correction: Analytics Firm Santiment
Bitcoin (BTC) whales have been buying the dip, according to the crypto analytics firm Santiment.
Te u tuhipoka on Twitter that active Bitcoin whale addresses holding between 100 to 10,000 BTC accumulated about 40,000 BTC during last week’s price dip. With Bitcoin trading at $56,588.01 at time of writing, that amount of BTC is currently worth about $2.26 billion.
Source: Santimentfeed/TwitterKa kii ano a Santiment Bitcoin supply continues to move off of exchanges despite the recent bearish price action, which lowers the risk of a mass selloff.
#Bitcoin has sunk -5.5% in the past 24 hours and is on the verge of dropping below $56k once again. Despite this, $ BTC's supply continues moving away from exchanges, lowering selloff risk. $ USDT also remains high on exchanges, indicating high buy power. https://t.co/wWHIdYxzNs pic.twitter.com/4dkr086zqM
- Santiment (@santimentfeed) Whiringa 22, 2021
I tua atu, Bitcoin’s current social sentiment is at its most bearish level in seven weeks, rite ki te umanga tātari.
Santiment’s weighted sentiment tracker wetewete the positive and negative commentary surrounding a crypto asset. The firm says prices tend to top out when social sentiment gets too high and bottom out when the metric gets too low.
Source: Santimentfeed/TwitterSantiment has also tracked a change in Binance funding rates.
"Ahea Bitcoin was well above $60k from mid-October to mid-November, Binance’s funding rates for most assets were well in positive territory. This is indicative of trader over-confidence, and prices often overcorrect. Now, things look far more neutral.”
Bitcoin is down more than 18% from its all-time high of $69,044.77, reached about two weeks ago.
Tirohia Mahi Price
Kaua e ngaro tetahi Patu - Ohauru ki te tuku matohi i nga imeera crypto kua tukuna totika atu ki to pouaka pouaka
A pee i tatou i runga i Twitter, Facebook a waea
Surf Te ranu Hodl ia ra
Tirohia nga Upoko Panui Hou
Whakakahoretanga: Ko nga whakaaro i whakaatuhia i The Daily Hodl ehara i te tohutohu haumi. Me whai whakaaro nga kaipakihi i mua i te whakangao haumi morearea nui Bitcoin, cryptocurrency nga rawa mamati ranei. Tena koa kia tupato ko o whakawhitinga me o tauhokohoko kei i a koe ano, a ko nga ngaronga ka riro i a koe kei a koe. Kaore te Daily Hodl e taunaki i te hoko atu, te hoko atu ranei i tetahi moni crypto, i nga rawa matihiko ranei, kaore ano hoki te Daily Hodl hei kaitohutohu haumi. Kia mahara kei te uru atu te Daily Hodl ki te tauhokohoko hononga.
Featured Image: Shutterstock/saicle/S-Design1689
Ko te pou Bitcoin Whales Buy Over $2,260,000,000 Worth of BTC During Latest Crypto Correction: Analytics Firm Santiment i puta tuatahi Te Hodl Daily.
Kuputuhi taketake: Te Hodl Daily