• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

15,933 Bitcoin Addresses Hold at Least 100 BTC

9 months ago
in Crypto Updates
Reading Time: 4 mins read
15,933 Bitcoin Addresses Hold at Least 100 BTC
27
VIEWS
Share on Facebook

Glassnode’s data shows that the number of whale Bitcoin addresses has jumped despite the market dip. 15,933 Bitcoin addresses now hold at least 100 BTC, which is the highest level since July 2022. The previous one-month high of 15,932 was observed on 26 August.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

During the first half of this month, the cryptocurrency market witnessed strong price growth after BTC touched $25,000 on 15 August for the first time since June 2022. However, the second half of August resulted in a massive price plunge across the BTC network. After a dip of more than 20%, Bitcoin touched a low of almost $19,600 on 29 August.

Bitcoin whales are also on the move despite the market correction. On 30 August, a leading crypto whale address moved 3,085 BTC worth more than $63 million from the digital exchange, Coinbase to an unknown wallet. Amid consistent outflows over the past few years, the BTC balance of Coinbase has dropped significantly.

Recently, Binance overtook Coinbase and has become the digital exchange with the largest BTC holdings.

Keep Reading

Bitcoin Accumulation

Commenting on the latest crypto market developments and BTC accumulation, Marcus Sotiriou, an Analyst at GlobalBlock, said: “Despite retail interest and liquidity in the crypto market being low, BTC whales may have started to accumulate again. Data from Coinmetrics shows that the 30-day change in Bitcoin held by BTC whales (addresses with 1k-10k Bitcoin) has turned from negative to positive in the past week or so. BTC whales could be deciding that $20,000 is a great deal with a long-term outlook.”

“The crypto market cap fell back below $1 trillion over the weekend, after the Jackson Hole symposium where Federal Reserve chairman Powell reaffirmed the hawkish stance of the U.S. central bank. Meanwhile, the Securities and Exchange Commission has delayed yet another decision on VanEck’s latest bid to launch a spot Bitcoin exchange-traded fund (ETF). VanEck was previously denied a spot BTC ETF in November last year,” Sotiriou added.

Glassnode’s data shows that the number of whale Bitcoin addresses has jumped despite the market dip. 15,933 Bitcoin addresses now hold at least 100 BTC, which is the highest level since July 2022. The previous one-month high of 15,932 was observed on 26 August.

During the first half of this month, the cryptocurrency market witnessed strong price growth after BTC touched $25,000 on 15 August for the first time since June 2022. However, the second half of August resulted in a massive price plunge across the BTC network. After a dip of more than 20%, Bitcoin touched a low of almost $19,600 on 29 August.

Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.

Bitcoin whales are also on the move despite the market correction. On 30 August, a leading crypto whale address moved 3,085 BTC worth more than $63 million from the digital exchange, Coinbase to an unknown wallet. Amid consistent outflows over the past few years, the BTC balance of Coinbase has dropped significantly.

Recently, Binance overtook Coinbase and has become the digital exchange with the largest BTC holdings.

Keep Reading

Bitcoin Accumulation

Commenting on the latest crypto market developments and BTC accumulation, Marcus Sotiriou, an Analyst at GlobalBlock, said: “Despite retail interest and liquidity in the crypto market being low, BTC whales may have started to accumulate again. Data from Coinmetrics shows that the 30-day change in Bitcoin held by BTC whales (addresses with 1k-10k Bitcoin) has turned from negative to positive in the past week or so. BTC whales could be deciding that $20,000 is a great deal with a long-term outlook.”

“The crypto market cap fell back below $1 trillion over the weekend, after the Jackson Hole symposium where Federal Reserve chairman Powell reaffirmed the hawkish stance of the U.S. central bank. Meanwhile, the Securities and Exchange Commission has delayed yet another decision on VanEck’s latest bid to launch a spot Bitcoin exchange-traded fund (ETF). VanEck was previously denied a spot BTC ETF in November last year,” Sotiriou added.

Source link

Sign up now: Get Smarter about Cryptocurrency with our weekly Free newsletter

Do you have any question?  Reach out to us in any other social media, we will do our best to respond After you are Following Us  🙂

Instagram ——Twitter——-Facebook——Quora

Do you like the Article?  Please share   Thank you…

**this post contains affiliate links that will help me create new content without additional cost for you **

**I’m not a financial advisor **

  Here we will Share others post you might like

 

Crypto Bots Review (3Commas)

Is crypto the future?

Tags: AddressesBitcoinBTChold

Related Posts

SEC charges against Binance and Coinbase are terrible for DeFi
Crypto Updates

SEC charges against Binance and Coinbase are terrible for DeFi

10 June 2023
SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk
Crypto Updates

SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

8 June 2023
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies
Crypto Exchanges

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week
Altcoin

6 Meme Coins that reach 100x within a week

9 May 2023
Coinbase targeted by state security regulators concurrent to SEC lawsuit
Crypto Updates

Coinbase targeted by state security regulators concurrent to SEC lawsuit

6 June 2023
A Leap into the Future of Computing in the Metaverse
Crypto Updates

A Leap into the Future of Computing in the Metaverse

6 June 2023


  • Trending
  • Comments
  • Latest
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week

6 Meme Coins that reach 100x within a week

9 May 2023
Logic Error in Latest NFT Contract Costs ben.eth 100 ETH in Potential Profits

Logic Error in Latest NFT Contract Costs ben.eth 100 ETH in Potential Profits

2 June 2023
DOGE Questioned as a Security in Musk’s Class-Action Lawsuit

DOGE Questioned as a Security in Musk’s Class-Action Lawsuit

5 June 2023
Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry

Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry

2 June 2023
Kraken Revolutionizes NFT Trading with Gas-Free Marketplace and 250+ Collections

Kraken Revolutionizes NFT Trading with Gas-Free Marketplace and 250+ Collections

10 June 2023
SEC charges against Binance and Coinbase are terrible for DeFi

SEC charges against Binance and Coinbase are terrible for DeFi

10 June 2023
SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

8 June 2023
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week

6 Meme Coins that reach 100x within a week

9 May 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}