Boblles Channel

2022-09-09 18:46:17 Have the whales pumped up the BTC?

Tonight, BTC suddenly made a 7% move and is now trading at 21,000

BTC's capitalisation rose 7% overnight to $395.383bn, and with it the dominance rose 1%. The main reason for the rise was whales

Overnight, there were over 100 transactions over $20mn, capital is slowly returning to crypto, as the dollar index is down 0.7%. As I said, BTC and US dollar index are inversely correlated, and when the index goes down, BTC goes up.

I don't think anyone was expecting such an outcome, it gives a little hope to the market, but everything will depend on the US inflation data, which will be released on September 13. Open / Comment

2022-09-08 17:28:09 Interesting correlation BTC

In picture 1, you can observe whale activity in terms of BTC transfers between spot and derivatives. Every time the activity peaked, we reached a local bottom. Today, we have peaked again, does this mean a rebound is imminent?

Also, today the number of BTC addresses containing 10+ coins reached a 19-month high (Picture 2). This tells us that not only small investors are gaining BTC but medium investors too. Interest in BTC is not going down, and there is no mass capitulation at all. Open / Comment

2022-09-07 17:03:37 ETH is in trouble

After yesterday's successful Bellatrix update, a problem was found:

The ETH blockchain has seen a huge spike in missed blocks - the frequency at which the network fails to process blocks of transactions assigned for verification. This rate increased by a crazy 1700%. Before the update it was 0.4, after it became 9%. The team is already looking for ways to solve the problem

Also, in anticipation of the transition, the number of new addresses is growing nonstop (Picture 1). Today, the total number of ETH addresses has reached 204,571,827, while at the beginning of August there were 202,361,298. The monthly increase is 2,210,529 addresses. There were 70,000 unique wallets registered daily on the network. Open / Comment

2022-09-07 14:25:40 The Binance exchange races large sums between its wallets.

Yesterday and today, the wallets of the Binance exchange are making large transactions, transferring various crypto between their wallets Open / Comment

2022-09-06 14:51:44 The whales are building up their position on SHIB.

Quite often, SHIB was featured in major whale purchases, and today one of the largest whales purchased almost $2 trillion worth of SHIB for $22 million.

This whale ranks 6th among all SHIB whales. It is possible that this wallet may belong to the exchange. SHIB is now the 13th largest cryptocurrency and trades at $0.0000126, while at its peak it reached $0.00008854. Open / Comment

2022-09-06 14:47:16 The number of ETH that have not moved in over 7 years has now reached an absolute ATH of 2,558,365,594 units. Open / Comment

2022-09-05 20:34:44 BTC whales

I noticed an interesting wallet, the whale buys BTC almost every day for several million dollars. I think that now there is a phase of accumulation.

Today he bought almost 600BTC (about $11mln), and has already taken 41 place among the largest BTC whales. Open / Comment

2022-09-05 14:58:50 Woke up 5,000 BTC has not moved since 2013.

Tonight, transferred 5,000 BTC from 2013. Bits went directly to Kraken exchange. This is the second such case, recently in August the same thing happened, and immediately after that transaction BTC dumped. Open / Comment

2022-09-04 20:05:38 Miners are actively selling BTC.

In the last two days, miners have sold more than 4,500 BTC. As you and I know, a surrender by miners is always a good thing and could mean a change of direction soon.

And one more, interesting fact, we can see the average bitcoin yield, between September 1 and January 1, from 2015. Will this year be the same? Open / Comment

2022-09-04 14:57:26 The number of BTC addresses in deficit set a new ATH of 19,220,229 addresses today. It is this number of addresses that owns BTC at a loss.

However, despite the large number of unprofitable addresses, the balance on exchanges continues to shrink. As of today, the exchanges hold over 1.74mn coins - minus 40% of the ATH achieved in 2020. This tells us that investors are patiently surviving the current decline and continue to gain ground. Open / Comment