Bitcoin whale activity surges, hits 30% of total transaction volume

2023-11-16 17:35

Quick Take

A noticeable resurgence of whale activity, involving transactions of $10 million or more, has been observed in the entity-adjusted relative on-chain volume breakdown.

The volume of these large-scale transactions recently breached the 30% mark of all transactions, an occurrence only seen once this year during a brief period in October. Currently, in 2023, Bitcoin has rebounded with an impressive 120% increase year to date, restoring confidence within the market.

Transfer Volume breakdown by size; (Source: Glassnode)

In addition, the aggregated volume of transactions ranging from $100k to $1M stands at 24%, while that of $1M to $10M is at 28%. These figures are nearing the peak seen during the bull market of 2021, emphasizing that these high-value transactions, or ‘whale’ activities, are an integral part of the Bitcoin network’s financial ecosystem.

Volume Size % Volume $0 to $1K 2% Volume $1K to $10K 4% Volume $10k to $100K 12% Volume $100k to $1M 24% Volume $1M to $10M 28% Volume $10M or more 30%

Source: Glassnode

The post Bitcoin whale activity surges, hits 30% of total transaction volume appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Volume Network (VOL) на Currencies.ru

$ 0.0001001 (-0.02%)
Объем 24H $0
Изменеия 24h: 0.10 %, 7d: 0.11 %
Cегодня L: $0.0001001 - H: $0.0001001
Капитализация $0 Rank 3549
Доступно / Всего 0 VOL

volume transactions whale activity mark all breached

Источник: cryptoslate.com

volume transactions → Результатов: 126


Фото:

Ethereum Bearish Signal: Profit-Taking Transfers Spike

On-chain data shows the Ethereum profit-taking transactions have surged recently, a sign that could be bearish for the asset’s price. Ethereum Profit-Taking Volume Has Spiked To Highest Levels Since January According to data from the on-chain analytics firm Santiment, a large amount of profit-taking seems to have been going on in the Ethereum market recently. […]

2023-6-5 16:00


Фото:

Exclusive: Nansen report showing surge in Arbitrum transactions after ARB Airdrop

Invezz can exclusively report that industry-leading blockchain data analytics platform Nansen has released its Q1 2023 report on the performance of Ethereum-based blockchain Arbitrum. The report shows that, despite the collapse of FTX and the ensuing crypto contagion, Arbitrum experienced increased user activity with a “surge” in transaction volume driven by the ARB token airdrop, […] The post Exclusive: Nansen report showing surge in Arbitrum transactions after ARB Airdrop appeared first on Invezz.

2023-5-9 17:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Lingo: Real-World Assets Fuel Blockchain Rewards

Discover Lingo’s Web3 platform combining real-world assets and blockchain rewards. Earn $LINGO tokens and redeem real-life prizes from top brands globally. The post Lingo: Real-World Assets Fuel Blockchain Rewards appeared first on NFT News Today.

5 Memecoin Trends to Watch in 2025

Explore emerging memecoin trends, including NFT integration, metaverse adoption, AI incorporation, and gamified experiences, shaping the cryptocurrency landscape. The post 5 Memecoin Trends to Watch in 2025 appeared first on NFT News Today.

Furahaa Taps Growing Vegan Market with New INX Token Listing

Furahaa Group launches FURA tokens on INX, offering fractional ownership in its plant-based business and expanding access for global investors through blockchain technology. The post Furahaa Taps Growing Vegan Market with New INX Token Listing appeared first on NFT News Today.