Bitcoin enters ‘new era’ as whales scoop up over 47K BTC during …

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May 3, 2024 · Following the post-halving price dip, Bitcoin whales have started accumulating Bitcoin (BTC) once again. Can whales push Bitcoin’s weekly close above $60,000? Bitcoin …

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Following the post-halving price dip, Bitcoin whales have started accumulating Bitcoin once again. Can whales push Bitcoin’s weekly close above $60,000?

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Bitcoin Enters 'a New Era' As Whales Scoop Up Over 47K BTC

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May 4, 2024 · Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback 04.05.2024 0 comment 0 comment 23 Views Bitcoin whales have added over $2.9 billion …

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Can bitcoin whales push bitcoin price above $60,000?

Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000? Following the post-halving price dip, Bitcoin whales have started accumulating Bitcoin (BTC) once again. Can whales push Bitcoin’s weekly close above $60,000? ...

Are bitcoin whales entering a new era?

“Bitcoin whales accumulated 47,000 $BTC in the past 24 hours. We’re entering a new era.” BTC balances for whale addresses, last active within 24 hours. Source: Ki Young Ju The chart excludes wallets related to centralized exchanges and mining firms. ...

How much is a bitcoin whale worth?

Bitcoin whales, which are large wallets holding at least 100 BTC, have accumulated over 47,000 BTC, worth over $2.9 billion at current prices, noted CryptoQuant founder and CEO Ki Young Ju in a May 3 X post: “Bitcoin whales accumulated 47,000 $BTC in the past 24 hours. We’re entering a new era.” ...

Who are the whales in Bitcoin?

In the context of Bitcoin, the largest holders of BTC are referred to as whales. Institutional investors such as Goldman Sachs have recently become significant crypto investors, but whales have been present since the beginning of digital currency. ...

Has the whale spent all of its last 1,000 bitcoin?

Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of decade-old strings of coinbase rewards from the whale seem to have ceased. Only eight block rewards from 2010 have been spent since then. ...

Are BTC whales selling their holdings?

BTC whales are selling their holdings and dumping them on centralized exchanges. According to Glassnode, over 1.7 million coins have been reported as exchange inflows, the highest in three months. These whales are those holding more than 1000 coins. ...