Crypto

December 28, 2022

Whales Keep Accumulating

MicroStrategy Founder and Chairman Michael Saylor took to Twitter this morning to announce that $MSTR picked up another 2,500 more Bitcoin to bring MSTR’s total to 132,500. 🪙

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Community Charts – March 6, 2024

March 6, 2024

Whales and large wallets, in general, show continued accumulation in Bitcoin and other altcoins. 

On-chain analysis platform IntoTheBlock shows that outflows from exchanges (considered bullish for Bitcoin by analysts) continue to be consistent and stronger than inflows. 

The biggest outflow of Bitcoin from exchanges in 2022 was on November 28, when 152,400 Bitcoin left the exchanges. The net flows for November 28 were 129,080 Bitcoin – a roughly 4.5:1 outflow vs. inflow ratio. 👏

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