CryptoQuant Research Director: New Bitcoin Whales Have Realized Losses of $1 Billion in the Past Two Weeks
Odaily2024/07/09 17:33
By:Odaily
Odaily News Julio Moreno, head of research at CryptoQuant, said in a post on X that data shows that new
Bitcoin whales have realized losses of $1 billion in the past two weeks. Previously, the group achieved profitability in Q1. In addition, long-term whales (Old whales) achieved profitability in early June. Long-term whales are defined as follows: 1. The average UTXO age is more than 155 days (if less than 155 days, it is a short-term whale); 2. The balance exceeds 1,000 BTC; 3. No connection with CEX or mining companies.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Oasis (ROSE) Breakout Alert: Targeting $0.133, $0.305, and $0.415
Cryptonewsland•2024/09/21 21:06
President Nayib Bukele Meets Musk at Tesla, Discusses El Salvador’s Tech Future
Cryptonewsland•2024/09/21 21:06
Dogecoin’s Bullish Momentum Builds, but Can It Break $0.11?
Cryptonewsland•2024/09/21 21:06
US spot bitcoin ETFs see inflows worth $92 million; BTC edges down
U.S. spot bitcoin exchange-traded funds (ETFs) recorded total daily net inflows of $92 million on Friday, spread across seven funds.
The Block•2024/09/21 20:33
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$63,127.25
-0.00%
Ethereum
ETH
$2,564.95
+0.80%
Tether USDt
USDT
$1
+0.01%
BNB
BNB
$584.11
+2.73%
Solana
SOL
$147.73
+0.14%
USDC
USDC
$1
+0.01%
XRP
XRP
$0.5960
+1.50%
Dogecoin
DOGE
$0.1086
+2.83%
TRON
TRX
$0.1520
-0.01%
Cardano
ADA
$0.3563
+0.88%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, SCR, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now