cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin Stable at $84K – But 2 Red Flags Point to an Imminent Correction

-

由

cryptd.in
于

The past week or so has gone without any major fireworks in either direction, unlike the events from the previous one, and BTC remains stuck at around $84,000.

However, the cryptocurrency doesn’t tend to stay steady for long, so this could be simply the calm before the storm.

Whale Activity Warning

As we have explained numerous times in the past, whales play a highly important role in the cryptocurrency market as they control a large portion of BTC and most altcoins. Their decisions on whether to buy big portions or sell them could become a domino effect and lead to substantial price movements in either direction.

Data from CryptoQuant shows some warning signs in regards to bitcoin on that front. The BTC Exchange Whale Ratio, a metric calculated as the ratio of the top 10 inflows to the total inflows on crypto trading platforms, has gone into “levels not seen since last year.”

The company’s analysis suggests that a “substantial portion of Bitcoin deposits” into exchanges is “being driven by large holders or whales.” Consequently, the report indicated that this behavior is “often interpreted as these big players actively reallocating their assets, potentially signaling forthcoming selling pressure in the market.”

Bitcoin Exchange Whale Ratio. Source: CryptoQuant
Bitcoin Exchange Whale Ratio. Source: CryptoQuant

STHs Underwater

The other somewhat worrying news on the BTC price front is the growing number of Short-Term Holders (STHs) that are sitting on substantial unrealized losses. Glassnode asserted that this cohort of investors has holdings worth $7 billion, which are underwater.

This is the largest sustained loss event of this cycle. However, it remains within “historical bull market bounds” and is still less painful than those seen during the May 2021 sell-off. During the end of that bull cycle four years ago and in the subsequent bear market, these losses skyrocketed to somewhere between $19.8 billion and $20.7 billion.

STHs are typically the first to exit the market when prices tend to head south or remain in a consolidation phase for a while, especially when they are underwater. As such, BTC could plunge further if they decide to dispose of some (or all) of their bitcoin holdings.

职位 Bitcoin Stable at $84K – But 2 Red Flags Point to an Imminent Correction 首次出现在 加密土豆.

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (434) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (69) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。