Posts

Showing posts with the label holders

82% of Bitcoin holders are ‘in the money’

Image
Bitcoin (BTC) is trading at $34,795 by press time, in a strong momentum for the leading cryptocurrency, with more than 25% gains in a week. With this move, 82% of all crypto wallet addresses holding Bitcoin are “In the Money”, according to data retrieved by Finbold from IntoTheBlock , on October 25. On the other hand, 11% of all Bitcoin holders are carrying unrealized losses, while 7% are in a breakeven position. Notably, only 11% of all the holders are made of what IntoTheBlock classifies as “Investors” and “Whales” for addresses holding more than 0.1% and 1% of Bitcoin’s circulating supply, respectively. Moreover, 70% are long-term holders , having acquired their coins more than one year ago, 24% are holding between 1 to 12 months, and 6% are short-term holders that just recently bought their current balances. It is important to understand that with a large percentage of holders “In the Money” or at a breakeven position, there is also a higher chance of these holders decidi...

Long-term Bitcoin holders prop prices above $27K; AI coin drawing whales

Image
Amidst the bearish sentiment in crypto, Bitcoin (BTC) remains resilient. This strength can be attributed to long-term holders’ commitment and unwavering support for the world’s first coin.  Currently, Bitcoin is above the $27,000 mark. Meanwhile, a newcomer at the intersection of artificial intelligence (AI) and blockchain, InQubeta (QUBE), has managed to capture the attention of whale s. This article will delve into Bitcoin’s resilience and explore why InQubeta is attracting attention, especially from whale investors in the ongoing presale. Let’s dive in. InQubeta: why are whales interested?  InQubeta lies at the intersection of AI and blockchain, positioning itself as one of the altcoins to watch.  As of press time, InQubeta’s presale has seen significant participation, especially among whales, with over $3.5 million raised.  This indicates that the crypto community is increasingly interested in the platform and confident ...

USDC, USDT holders exploring ROE in ongoing Borroe.Finance presale

Image
In a noteworthy development, stablecoin holders, especially of USDC and USDT, are swiftly turning to Borroe.Finance (ROE) in the ongoing presale.  This article delves into this shift, exploring why Borroe.Finance is becoming the focal point for crypto holders diversifying and building their portfolios. Borroe.Finance: a deeper look Borroe.Finance offers innovative features and has a visionary roadmap, explaining why investors are bullish on its prospects and actively participating in ongoing presale. You might also like: Analysts review Chainlink, Shiba Inu and Borroe prospects Borroe.Finance blends multiple web3 Features and has implemented a forward-thinking approach, explaining why supporters expect its native token, ROE, to post sharp gains in 2023.  This outlook is partly driven by the project’s integration of artificial intelligence (AI), which has seen it find support across the crypto board.  Presale results In the ongoing Borroe.Finance pre...