Bitcoin.com

Smaller Bitcoin Holders Sold Before $85K Rally as 69,494 Wallets Exit

Smaller Bitcoin Holders Sold Before $85K Rally as 69,494 Wallets ExitWorldPing

Bitcoin climbed above $85,000 after 69,494 wallets disappeared from two smaller-holder balance groups during the July-August downturn. Santiment argues that the earlier capitulation reduced reactive supply before the latest rally.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

More coverage: all crypto & markets news on WorldPing.

Related news

Bitcoin Could Deliver 3-5x Returns This Cycle as Volatility FadesWorldPing
Bitcoin.com

Bitcoin Could Deliver 3-5x Returns This Cycle as Volatility Fades

Bitcoin’s current bull cycle could deliver threefold to fivefold returns followed by a milder downturn, according to Cryptoquant’s founder and CEO. His forecast links smaller market extremes to growing institutional ownership and a larger capital base.

Brief by WorldPing · Original reporting by Bitcoin.com

$161 Million in Decade-Old Bitcoin Has Moved in Just Two WeeksWorldPing
Decrypt

$161 Million in Decade-Old Bitcoin Has Moved in Just Two Weeks

Four ancient wallets moved 1,971 BTC between Sept. 6 and Sept. 22, including a 600 BTC transfer worth $51.9 million just hours ago, with three of the four carrying "Noah Doe" lawsuit tags.

Brief by WorldPing · Original reporting by Decrypt

CME Expands Crypto Futures Lineup With Bitcoin Cash and UniswapWorldPing
Decrypt

CME Expands Crypto Futures Lineup With Bitcoin Cash and Uniswap

The exchange operator is adding standard and micro contracts for BCH and UNI, extending a pattern of altcoin rollouts that already covers Cardano, Chainlink, Stellar, Avalanche, and Sui.

Brief by WorldPing · Original reporting by Decrypt