CryptoQuant: 26,430 BTC flowed into whale accumulation addresses during market decline

CryptoQuant disclosed data showing that whales are buying during the market downturn, with 26,430 BTC flowing into whale accumulation addresses, usually related to OTC trading and long-term custody.

Comments

All Comments

Recommended for you

JPMorgan Chase deploys JPM Coin on the Base public blockchain.

JPMorgan has deployed its digital deposit token JPM Coin to Coinbase's Base blockchain, marking the Wall Street giant's first large-scale access to the public chain ecosystem. JPM Coin differs from stablecoins as a digital representation of bank deposits with interest, limited to transfers between whitelisted users. This move responds to institutional clients' demand for using bank deposit products on-chain, currently mainly used for collateral and margin payments in crypto trading. JPM emphasizes that its deployment method has full permission control and risk isolation, reflecting the convergence of traditional finance towards DeFi.
Martin Young ·

MSCI’s crypto treasury rules could spur $15B of forced selling

Analysts estimated that crypto treasury firms face up to $11.6 billion in outflows if MSCI excluded them from its indexes.
Stephen Katte ·

US Fed pulls guidance blocking its banks from engaging with crypto

The Federal Reserve says it has withdrawn its old guidance around crypto as it was outdated, and its understanding has evolved.
BRAYDEN LINDREA ·

Ethereum could get faster in January with gas limit rise to 80M

Ethereum could see another rise in transaction speed in January, with developers considering raising the gas limit to 80 million after the next blob parameter-only hard fork.
Stephen Katte ·

Ethereum needs simple explanation to see true trustlessness: Buterin

Vitalik Buterin says Ethereum needs to boost the number of people who can understand the entire blockchain, and it can “get better at this by making the protocol simpler.”
Martin Young ·

Lightning Network hits record capacity on crypto exchange adoption

Lightning Network’s capacity reached an all-time high as exchanges increased adoption, while a new Taproot Assets update has enabled multi-asset transactions.
Zixi.eth ·

Nivex Launches U.S. Stock Trading, Taking a Key Step Toward a Multi-Asset On-Chain Trading Platform
Zixi.eth ·

When “Expanding Domestic Demand” Becomes a Long-Term Strategy, What Is BeFlow Doing?
BTC breaks $90,000

market shows BTC breaking through $90,000, currently at $90,001.81, with a 24-hour increase of 3.3%. The market is highly volatile, please manage your risk accordingly.
The "1011 Insider Whale" unstaking 270,959 ETH today and transferred them to a new address.

according to Arkham monitoring, the "1011 insider whales" have today unstaked 270,959 ETH through three addresses, valued at 795 million USD, and then transferred all ETH to three new addresses.