[ad_1]
The crypto-whale observers are following a pair of huge Bitcoin transactions that have moved a total of 20,378 BTC worth about $ 102.5 million.
Both transactions took place between unknown portfolios and do not appear to be traders ready to sell.
The movements are part of a larger migration of Bitcoin whales that occurs when markets turn red.
In the past 24 hours, whales have moved a total of 42,616 BTC worth about $ 215 million, at the time of writing this article. The vast majority of BTC has been transferred from cryptographic exchanges to unknown portfolios, or from one cryptographic exchange to another.
At present, the crypto market is a sea of red. Bitcoin is down 4.86% to $ 5,036. Ethereum is down 8.61% to $ 164.77 and XRP is down 8.13% to $ 0.3285.
Technical badysts say the slowing market is putting expectations of a $ 5,800 increase in BTC prices in the near term. According to CoinDesk badyst Daniel Paomer, the decline could have "cast a key in a bull market environment that seemed likely to propel prices to record highs since last year".
Bitcoin
CoinDesk – Bitcoin returns to price support of $ 5,000 after a failed escape
FXStreet – BTC / USD falls after rejection at $ 5,400
Blockonomi – Corrective decrease but bull control
Ethereum
Crypto Briefing – ETH / USD has seen a correction, but support remains strong
FXStreet – The ETH / USD critical trend line must hold or face $ 100
XRP
FXStreet – XRP / USD coming back for $ 0.3000
CryptoPotato – XRP plunges after the feeling of Bitcoin
litecoin
NewsBTC – Cooling, Litecoin can drop to $ 60 before rising to $ 110
FXStreet – Litecoin bulls seem to have found a raise to $ 77.00
Join us on Telegram
Follow us on twitter
Discover the latest titles
Disclaimer: The opinions expressed in Daily Hodl do not constitute investment advice. Investors should exercise due diligence before making high risk investments in Bitcoin, Cryptocurrency or digital badets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling crypto-currencies or digital badets, and the Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
[ad_2]
Source link
