Research: Data shows Bitcoin whales are massively selling holdings

Bitcoin’s (BTC) accumulation trend score is currently flashing zero for whales indicating that they have stopped acquiring more coins, according to Glassnode data. Bitcoin whales are selling their holdings (Source: Glassnode) The data analyzed the accumulation trends for Bitcoin between April 2020 and August 2022, showing that whales have slowed their Bitcoin accumulation this month…

Bitcoin, Ethereum shed gains before looming Fed interest rate hike

With the Federal Reserve expected to raise the interest rate by at least 75 basis points on July 27, the crypto market cap has shed roughly 4% as the value of Bitcoin (BTC), Ethereum (ETH), and other crypto assets have dropped in the last 24 hours. Coinglass data showed that over $150 million in positions…