Bitcoin Whales and Dolphins Signal Bear Market

BTC

BTC/USDT

$63,021.98

-0.03%

$63,021.98

-0.03%

(24s)

24h Volume

$2,143,092,482.40

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,005.96

▼ -0.13%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,005.96

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.7

Cointelegraph Staff

(04:33 AM UTC)

1 min read

Approved byMichael Roberts

0 comments

An increasing number of Bitcoin holders are seeing their investments turn red as the holding structure continues to deteriorate across major cohorts, according to CryptoQuant.

Annual balance growth for whale accounts holding between 1,000 and 10,000 Bitcoin (BTC) has turned negative in the fastest contraction this year, CryptoQuant said in a report on Thursday.

Monthly growth has been flat…