Bitcoin Price Rally Stalls as Whales Take Profits: CryptoQuant

2023-3-30 11:19

Holders are taking short-term profits at the widest margin in more than a year, CryptoQuant analysts said.

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cryptoquant profits widest said analysts year taking

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Bitcoin Declines Slightly As Short-Term Holders Take Profits

After surging to as high as $20. 9k, Bitcoin has today observed a slight decline back into the low $20k levels as a result of profit taking from short-term holders. Bitcoin Short-Term Holder SOPR Has Been Elevated Over The Past Two Days As pointed out by an analyst in a CryptoQuant post, the short-term holders seem to be using the latest price rise for profit taking.

2022-10-29 08:58


Start Of Bear Period? Current Bitcoin Trend Looks Similar To June

Bitcoin on-chain data shows current trend with the short-term holder SOPR looks similar to that in June. This may mean that a bear period similar to then has started. Bitcoin Short-Term Holders Continue To Realize Losses As pointed out by an analyst in a CryptoQuant post, Bitcoin short-term holders have continued to realize profits recently, as suggested by the SOPR.

2022-1-7 22:00