WiliamΞ🎩 (ghasemno)

New Year’s Holidays and Whale Behavior A look at futures market data shows that in recent Bitcoin moves, most of the trading has been done with small volumes and whales are not a big presence. This means that the price growth has been driven more by retail traders, not large investors. In strong uptrends, heavy orders usually enter the market and push the price forward. But in the current situation, the lack of such orders indicates that the smart money is currently cautious or prefers not to enter the market. 👁 When the price growth occurs without the support of whales, it usually does not last long.

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Bm Bm base family 💙 Bitcoin’s Cost Basis Distribution Heatmap shows that around 940,000 BTC were bought and held in the $84,000-$85,000 range. This is the largest Bitcoin rally in a price range since 2020, indicating that traders see this range as a key market point.

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The Realized Profits by Whales indicator shows the profits and losses of new and old whales. Currently, this indicator indicates that the losses of new whales, which had a large impact on the decline in the price of Bitcoin, have decreased, which means that the massive selling by new whales has stopped.

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The Balance by Holder Value indicator shows the amount of Ethereum held by each holder based on the value of their holdings. Currently, this indicator indicates that large Ethereum whales (holders of more than 10,000 ETH) are increasing their holdings.

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