Crypto Currency

Bitcoin price volatility 'imminent' as speculators move 170K BTC — CryptoQuant

Bitcoin (BTC) speculators may spark “significant” BTC price volatility as a large tranche of coins moves onchain.In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is due.CryptoQuant: “Volatility is coming” for BTC priceBitcoin short-term holders (STHs) are signaling that the current calm BTC price

Bitcoin (BTC) speculators may spark “significant” BTC price volatility as a large tranche of coins moves onchain.In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned that a Bitcoin market shake-up is due.CryptoQuant: “Volatility is coming” for BTC priceBitcoin short-term holders (STHs) are signaling that the current calm BTC price behavior may not last long.CryptoQuant reveals that 170,000 BTC owned by entities with a purchase date between three and six months ago has begun to circulate.“Around 170,000 BTC are moving from the 3–6 month holder cohort,” contributor Mignolet confirmed. …
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day. The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day.
The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…
Read More

Continue Reading
Crypto Currency

U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day
The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…
Read More

Continue Reading
Crypto Currency

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…
Read More

Continue Reading
Crypto Currency

Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…
Read More

Continue Reading