Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES

Mignolet says weakening Bitcoin whale buying echoes pre-Terra 2022 pattern

NewsFeeds update

Crypto analyst Mignolet said Binance spot whale flows resemble the 2022 bear market, with buying steadily weakening since early October as BTC broke below a roughly one-year trading range. Mignolet said the market has not accumulated enough for a full uptrend, and warned that continued whale selling could precede unexpected negative developments.

BitcoinCoinNessAIBearish

Read the original on CoinNess

The story so far: Bitcoin holder selling pressure analysis

On-chain analysts have tracked Bitcoin holder exchange inflows during the recent decline, with short-term holders moving large volumes and realising losses. Murphy said LTH realised losses hit $139m on 5 Nov. MAC.D now says short-term holder exchange inflows fell 69.7% to about 9,900 BTC on 9 Nov, which could support…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Mignolet says weakening Bitcoin whale buying echoes pre-Terra 2022 pattern

More Bitcoin updates

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.