Cryptocurrencies 22,612
Market Cap $2.44T
BTC Dominance 60.55 %

Cryptocurrencies : 22,612

Total Market Cap : $2.44T

BTC Dominance : 60.55 %

LIVE
Mkt Cap $2.44T BTC Dom 60.55 % BTC BTC $62,850.00 ▲ +1.70% ETH ETH $1,789.21 ▲ +3.34% USDT USDT $0.999178 ▲ +0.02% BNB BNB $576.32 ▲ +2.06% USDC USDC $0.99986 ▲ +0.00% XRP XRP $1.17 ▲ +4.79% SOL SOL $82.15 ▲ +1.21% TRX TRX $0.325533 ▲ +1.62% HYPE HYPE $70.70 ▲ +0.44% DOGE DOGE $0.078529 ▲ +2.91% MATIC MATIC $1.25 ▼ -0.75% RAIN RAIN $0.01548 ▲ +0.15% USDS USDS $0.999742 ▲ +0.01% LEO LEO $9.15 ▲ +0.09% ZEC ZEC $465.69 ▲ +0.34% XLM XLM $0.208727 ▲ +3.86% ADA ADA $0.188631 ▲ +9.99% WBT WBT $57.02 ▲ +1.69% XDE2 XDE2 $18,144.36 ▲ +0.00% XMR XMR $328.87 ▲ +1.94% LINK LINK $8.06 ▲ +2.92% CC CC $0.138953 ▲ +0.95% GRAM GRAM $1.81 ▲ +8.04% LAB LAB $15.10 ▲ +147.61% BCH BCH $230.87 ▲ +1.95% Mkt Cap $2.44T BTC Dom 60.55 % BTC BTC $62,850.00 ▲ +1.70% ETH ETH $1,789.21 ▲ +3.34% USDT USDT $0.999178 ▲ +0.02% BNB BNB $576.32 ▲ +2.06% USDC USDC $0.99986 ▲ +0.00% XRP XRP $1.17 ▲ +4.79% SOL SOL $82.15 ▲ +1.21% TRX TRX $0.325533 ▲ +1.62% HYPE HYPE $70.70 ▲ +0.44% DOGE DOGE $0.078529 ▲ +2.91% MATIC MATIC $1.25 ▼ -0.75% RAIN RAIN $0.01548 ▲ +0.15% USDS USDS $0.999742 ▲ +0.01% LEO LEO $9.15 ▲ +0.09% ZEC ZEC $465.69 ▲ +0.34% XLM XLM $0.208727 ▲ +3.86% ADA ADA $0.188631 ▲ +9.99% WBT WBT $57.02 ▲ +1.69% XDE2 XDE2 $18,144.36 ▲ +0.00% XMR XMR $328.87 ▲ +1.94% LINK LINK $8.06 ▲ +2.92% CC CC $0.138953 ▲ +0.95% GRAM GRAM $1.81 ▲ +8.04% LAB LAB $15.10 ▲ +147.61% BCH BCH $230.87 ▲ +1.95%
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Crypto Whales Accumulates $2,200,000,000 in Bitcoin: William Clemente

Famous On-chain analyst William Clemente estimates that crypto whales are once again diving into the Bitcoin markets.

In his latest newsletter, Clemente asserted that the number of new users on the Bitcoin (BTC) network reached a new all-time high. Over 50,000 new entities coming on-chain a day, he claimed

Furthermore, Clemente predicted that BTC whales are accumulating along with retail investors, and to date, they bought $2,200,000,000 worth of BTC. Clemente is also closely monitoring the inflows and outflows of BTC on exchanges using the Bollinger Bands – a volatility indicator that generates oversold or overbought signals. Upon examination, the indicator flashed its first “buy” signal since March.

“Using Bollinger Bands, the signal looks at times that [sic] coins are either moved onto exchanges heavily or pulled off exchanges heavily. This just flashed the first ‘buy’ signal in over 3 months, giving you another way to see the trend reversal into accumulation.”

Supporting the other on-chain bullish signals, Clemente notes the behaviour of the entities scooping up Bitcoin. According to his analysis, the entities buying up BTC have a minimal history of selling, indicating that a “supply shock” could be on the horizon.

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