Harry
Well-known member
The recent volatility in the cryptocurrency market is influenced by both macroeconomic factors and significant whale activity. Bitcoin's price has fluctuated between $100,000 and $106,000 this week, impacted by geopolitical tensions and regulatory developments. Ethereum has experienced a decline of approximately 6%, reflecting broader market sentiment.
Whale movements are notably affecting market dynamics. A substantial Bitcoin transaction of 12,500 BTC (~$900 million) was recorded, indicating significant institutional interest . Additionally, the Exchange Whale Ratio's 30-day moving average has reached 0.47, suggesting that nearly half of all BTC inflows to exchanges are from large transactions, often preceding market corrections
Whale movements are notably affecting market dynamics. A substantial Bitcoin transaction of 12,500 BTC (~$900 million) was recorded, indicating significant institutional interest . Additionally, the Exchange Whale Ratio's 30-day moving average has reached 0.47, suggesting that nearly half of all BTC inflows to exchanges are from large transactions, often preceding market corrections