Newbie Bitcoin Whales Capitulating, But Old Hands Stay Silent
On-chain data shows New Whales on the Bitcoin network have been realizing losses recently, while Old Whales have remained at the sidelines. Bitcoin Has Faced Loss Selling From The Newbie Whales In a new Whales” broadly refer to the BTC investors that hold at least 1,000 tokens in their balance. At the current exchange rate,…
Bitcoin Whales Are Going Through A ‘Generational’ Shift, CryptoQuant CEO Reveals
The CEO of the on-chain analytics firm CryptoQuant has explained how the Bitcoin whales have been showing a shift in their Realized Cap recently. New Bitcoin Whales Are About To Overtake Old Ones In a new Realized Cap” here is a model that calculates the total valuation of Bitcoin by assuming that each coin’s ‘true’…