How ‘Whales’ influence the price of Bitcoin

2020-9-23 18:00

The term 'whale' refers to an investor with deep pockets who can move the market by buying or selling in large volumes. Given the relatively modest market caps of crypto assets compared to other sectors, the movements of crypto whales can provide important price signals to alert investors

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Cryptocurrency News Roundup for Sept 3, 2020

The Bitcoin price dropped more than $400 early on Thursday, 3 Sep, triggering alarm among the bulls who were already struggling against a two-day sell-off. The steep drop was somewhat expected, though, considering that there was an inflow of more than 90,000 BTC from whales to some of the largest crypto exchanges just a day […] The post Cryptocurrency News Roundup for Sept 3, 2020 appeared first on BeInCrypto.

2020-9-4 00:00


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Why Bitcoin Whales Mass-Withdrawing From Exchanges Suggests A Raging Bull Market Will Begin In July

As nations around the world scramble to contain the second wave of coronavirus, investors in the stock market have mostly entered a “wait and see” mode. This indecision in the traditional finance markets has trickled to the crypto market with bitcoin staging a rather boring price action in recent weeks.  The OG crypto has been […]

2020-6-23 20:43