These are my orders on purchasing some more $BTC on spot.
👇 Binance Pumps 👇
@CrypticPumps
Despite a strong rally to $45k, the #Bitcoin market still has not seen a significant increase in old coins (> 1y) being spent.
This is very different to the 2018 bear market where old hands took exit liquidity on most relief rallies.
👇 Binance Pumps 👇
@CrypticPumps
The dominance of large #Bitcoin transactions (> $1M) has risen from 30% in 2020, to over 65% in 2021.
This reflects a growing share of institutional interest, and capital being transferring across the #Bitcoin network.
👇 Binance Pumps 👇
@CrypticPumps
By the way, we are still holding #TLM, the price remains above the crucial support level
👇 Binance Pumps 👇
@CrypticPumps
🐝 Bitcoin doesn't look locally good at this point, let's see.
Читать полностью…
No, Bitcoin isn't entering a 2018-like bear cycle, new data suggests as BTC targets $45K
Even as Bitcoin trades almost 35% below its previous record high of about $65,000, long-term investors have not contributed actively to its decline.
https://ct.com/9ucu
👇 Binance Pumps 👇
@CrypticPumps
Tether has just released an assurance report. The fan fact about this report is auditor — Moore Cayman which is located at the Cayman Islands. Highly trusted source, if someone didn't know it.
👇 Binance Pumps 👇
@CrypticPumps
Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
The dominance of Bitcoin transactions of values above $1mm doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space.
https://ct.com/9uh9
👇 Binance Pumps 👇
@CrypticPumps
📈 Since May 19th, entities with 10K-100K $BTC have added +269,450 Bitcoins to their holdings ($1.21B). This is after filtering out exchanges, Purpose ETF, and QBTC.
These entities are big players, with between $450M-$4.5B of their capital allocated to Bitcoin.
Source: https://glassnode.com/
👇 Binance Pumps 👇
@CrypticPumps
Got some profits from this small $BTC scalp
👇 Binance Pumps 👇
@CrypticPumps
