Bitcoin Whales Add $700M As Seller Exhaustion Signal Returns
Bitcoin’s latest rebound is getting some help from on-chain data. TL;DR Bitcoin whale activity is back in focus after large holders reportedly moved more than 11,000 BTC off exchanges. The move comes as traders watch a seller-exhaustion metric that has previously appeared near important market resets. The setup is constructive, but it still needs price…
The $100K Mirage: Bitcoin’s Rally Not Backed By On-Chain Strength
Bitcoin briefly climbed back above $100,000 this month, pushing close to the $108,000 level before a new pullback. The move looks strong on the surface. But based on reports from Glassnode, much of that surge came from traders using borrowed funds, not fresh buyers piling in. Speculative Bets Fuel Recent Rally According to on-chain data,…