Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their behavior to anticipate market movements. Moving tokens to exchanges usually signals intention to sell, however, blockchain data doesn’t show what happens with the tokens once it’s at the exchange.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/markets/2023/11/03/prescient-bitcoin-whale-moves-244m-in-btc-to-crypto-exchange-has-btc-price-topped/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- :has
- a
- amounts
- and
- anticipate
- ARE
- Assets
- At
- behavior
- Bitcoin
- blockchain
- blockchain data
- BTC
- btc price
- closely
- Coindesk
- control
- crypto
- crypto exchange
- Crypto investors
- data
- digital
- Digital Assets
- doesn
- exchange
- Exchanges
- follow
- happens
- Have
- However
- HTTPS
- images
- Impact
- in
- Intention
- Investors
- IT
- jpg
- large
- Market
- Markets
- May..
- movements
- moves
- moving
- of
- on
- once
- plato
- Plato Data Intelligence
- PlatoData
- price
- purchases
- s
- sales
- sell
- show
- signals
- sizable
- The
- their
- Thus
- to
- Tokens
- topped
- usually
- Whale
- What
- WHO
- with
- zephyrnet