{"id":568307,"date":"2024-01-06T01:00:04","date_gmt":"2024-01-06T01:00:04","guid":{"rendered":"https:\/\/wncen.com\/?p=568307"},"modified":"2024-06-11T07:43:09","modified_gmt":"2024-06-11T07:43:09","slug":"whale-watch-bitcoin-100000-transactions-soar","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/whale-watch-bitcoin-100000-transactions-soar\/","title":{"rendered":"Whale Watch: Bitcoin\u2019s $100,000 Transactions Soar, More Surge Ahead?"},"content":{"rendered":"
The Bitcoin (BTC) network has experienced a significant uptick in high-value transactions, a phenomenon not seen in nearly two years. Crypto analyst Ali has highlighted<\/a> this trend, noting 16,900 transactions, each exceeding $100,000.<\/p>\n This surge is a critical indicator of increased activity by Bitcoin whales – entities holding large amounts of BTC – and provides valuable insight into their strategic maneuvers in the current market landscape.<\/p>\n In the past 24 hours, #Bitcoin<\/a> experienced its largest spike in transactions over $100,000 in nearly two years.<\/p>\n The 16,900 large transactions serve as a proxy for $BTC<\/a> whale activity, offering insights into how these major players might be positioned in the #crypto<\/a> market. pic.twitter.com\/CCnaoBOK0F<\/a><\/p>\n \u2014 Ali (@ali_charts) January 5, 2024<\/a><\/p><\/blockquote>\n This flurry of whale activity arrives amid a backdrop of intensified market volatility<\/a>. Bitcoin, the bellwether of the digital currency world, recently underwent a price correction, dipping below the $41,000 mark.<\/p>\n\n
Bitcoin Recovery Following Matrixport Reports Saga<\/h2>\n