By ItalianCannon Whale Activity Surges: A mysterious group, “7 Siblings,” invested $42.66M to acquire 25,100 ETH at $1,700, while another whale borrowed 8.25M DAI to buy 5,227 ETH at $1,578. Market Uncertainty Persists: Despite aggressive accumulation, these whales are already underwater, with one facing a $5.27M loss and the other $460K down. SOPR Signals Weakness: […]
Tag: SOPR
By Godspower Owie The previous week was quite interesting for Bitcoin as it recovered the $88,000 mark but faced significant resistance at this level, leading to a pullback near $81,000. During this movement, BTC saw notable selling pressure from investors who sold their holdings at a loss. Persistent Negative Bitcoin Short-Term Holder SOPR Bitcoin’s bearish […]