Bitget App
Trade smarter
Santiment: Some Whales May Transfer Significant Token Amounts, Further Depressing BTC Prices
2024/01/15 22:45
Data tracked by Santiment indicates that, in anticipation of the upcoming spot Bitcoin ETF, large Bitcoin wallets have rapidly moved older tokens, significantly reducing the holding duration of BTC in these wallets. Additionally, some whale addresses might still transfer substantial token amounts, potentially further depressing the average USD price of BTC.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
ETH surpasses $3,200
金色财经•2025/11/17 16:05
Crypto data platform DappRadar announces shutdown due to financial difficulties
Chaincatcher•2025/11/17 15:59
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$94,028.98
-0.70%
Ethereum
ETH
$3,122.01
-0.13%
Tether USDt
USDT
$0.9994
-0.01%
XRP
XRP
$2.21
+0.93%
BNB
BNB
$911.53
-1.75%
Solana
SOL
$137.26
-0.73%
USDC
USDC
$0.9999
-0.00%
TRON
TRX
$0.2938
-0.06%
Dogecoin
DOGE
$0.1585
-0.58%
Cardano
ADA
$0.4766
-2.17%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now