• bitcoinBitcoin (BTC) $ 95,043.00
  • ethereumEthereum (ETH) $ 1,809.93
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.20
  • bnbBNB (BNB) $ 600.31
  • solanaSolana (SOL) $ 148.71
  • usd-coinUSDC (USDC) $ 0.999899
  • dogecoinDogecoin (DOGE) $ 0.175265
  • cardanoCardano (ADA) $ 0.690054
  • tronTRON (TRX) $ 0.246795
  • staked-etherLido Staked Ether (STETH) $ 1,808.67
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,024.00
  • suiSui (SUI) $ 3.50
  • chainlinkChainlink (LINK) $ 14.62
  • avalanche-2Avalanche (AVAX) $ 21.07
  • leo-tokenLEO Token (LEO) $ 9.14
  • stellarStellar (XLM) $ 0.270792
  • the-open-networkToncoin (TON) $ 3.16
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • hedera-hashgraphHedera (HBAR) $ 0.183261
  • wrapped-stethWrapped stETH (WSTETH) $ 2,175.86
  • usdsUSDS (USDS) $ 0.999855
  • bitcoin-cashBitcoin Cash (BCH) $ 366.65
  • hyperliquidHyperliquid (HYPE) $ 19.83
  • litecoinLitecoin (LTC) $ 84.65
  • polkadotPolkadot (DOT) $ 4.11
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 280.88
  • wethWETH (WETH) $ 1,809.33
  • bitget-tokenBitget Token (BGB) $ 4.35
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pi-networkPi Network (PI) $ 0.607010
  • whitebitWhiteBIT Coin (WBT) $ 29.01
  • wrapped-eethWrapped eETH (WEETH) $ 1,929.90
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 95,041.00
  • pepePepe (PEPE) $ 0.000009
  • aptosAptos (APT) $ 5.40
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.26
  • bittensorBittensor (TAO) $ 355.94
  • okbOKB (OKB) $ 51.36
  • nearNEAR Protocol (NEAR) $ 2.50
  • susdssUSDS (SUSDS) $ 1.05
  • ondo-financeOndo (ONDO) $ 0.912777
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • gatechain-tokenGate (GT) $ 22.06
  • internet-computerInternet Computer (ICP) $ 4.96
  • official-trumpOfficial Trump (TRUMP) $ 13.14
  • aaveAave (AAVE) $ 168.67
  • ethereum-classicEthereum Classic (ETC) $ 16.61
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.31
  • crypto-com-chainCronos (CRO) $ 0.090350
  • mantleMantle (MNT) $ 0.739035
  • kaspaKaspa (KAS) $ 0.093230
  • render-tokenRender (RENDER) $ 4.50
  • vechainVeChain (VET) $ 0.026535
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.238719
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.757412
  • cosmosCosmos Hub (ATOM) $ 4.34
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,001.00
  • algorandAlgorand (ALGO) $ 0.219271
  • fasttokenFasttoken (FTN) $ 4.28
  • filecoinFilecoin (FIL) $ 2.76
  • ethenaEthena (ENA) $ 0.321649
  • celestiaCelestia (TIA) $ 2.74
  • sonic-3Sonic (prev. FTM) (S) $ 0.501714
  • arbitrumArbitrum (ARB) $ 0.328914
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.11
  • bonkBonk (BONK) $ 0.000019
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999027
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,009.00
  • worldcoin-wldWorldcoin (WLD) $ 1.05
  • kucoin-sharesKuCoin (KCS) $ 10.79
  • jupiter-exchange-solanaJupiter (JUP) $ 0.473384
  • blockstackStacks (STX) $ 0.820580
  • fartcoinFartcoin (FARTCOIN) $ 1.25
  • makerMaker (MKR) $ 1,490.53
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.96
  • xdce-crowd-saleXDC Network (XDC) $ 0.077382
  • nexoNEXO (NEXO) $ 1.21
  • optimismOptimism (OP) $ 0.728312
  • flare-networksFlare (FLR) $ 0.017945
  • sei-networkSei (SEI) $ 0.217951
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,813.02
  • story-2Story (IP) $ 3.99
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.64
  • usdt0USDT0 (USDT0) $ 0.999362
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,883.49
  • eosEOS (EOS) $ 0.673778
  • immutable-xImmutable (IMX) $ 0.560365
  • injective-protocolInjective (INJ) $ 9.90
  • curve-dao-tokenCurve DAO (CRV) $ 0.717022
  • the-graphThe Graph (GRT) $ 0.096860
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999528
  • wbnbWrapped BNB (WBNB) $ 601.10
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,053.07
  • flokiFLOKI (FLOKI) $ 0.000087
  • raydiumRaydium (RAY) $ 2.81
  • jasmycoinJasmyCoin (JASMY) $ 0.016789
  • tether-goldTether Gold (XAUT) $ 3,249.05
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • coredaoorgCore (CORE) $ 0.785486
  • iotaIOTA (IOTA) $ 0.207256
  • pax-goldPAX Gold (PAXG) $ 3,255.18
  • bitcoin-svBitcoin SV (BSV) $ 38.22
  • lido-daoLido DAO (LDO) $ 0.844784
  • dexeDeXe (DEXE) $ 13.25
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 94,969.00
  • theta-tokenTheta Network (THETA) $ 0.754578
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 164.19
  • galaGALA (GALA) $ 0.016861
  • clbtcclBTC (CLBTC) $ 94,815.00
  • msolMarinade Staked SOL (MSOL) $ 191.47
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 94,572.00
  • walrus-2Walrus (WAL) $ 0.579916
  • the-sandboxThe Sandbox (SAND) $ 0.296172
  • heliumHelium (HNT) $ 3.94
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011220
  • bittorrentBitTorrent (BTT) $ 0.00000071
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,926.60
  • kaiaKaia (KAIA) $ 0.115198
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.06
  • based-brettBrett (BRETT) $ 0.066141
  • usual-usdUsual USD (USD0) $ 0.997565
  • flowFlow (FLOW) $ 0.401524
  • dogwifcoindogwifhat (WIF) $ 0.633411
  • movementMovement (MOVE) $ 0.250512
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998633
  • solayerSolayer (LAYER) $ 2.98
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.66
  • chain-2Onyxcoin (XCN) $ 0.017932
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • decentralandDecentraland (MANA) $ 0.312361
  • jito-governance-tokenJito (JTO) $ 1.80
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,892.39
  • tezosTezos (XTZ) $ 0.555655
  • zcashZcash (ZEC) $ 35.62
  • pendlePendle (PENDLE) $ 3.47
  • pyth-networkPyth Network (PYTH) $ 0.151174
  • spx6900SPX6900 (SPX) $ 0.569498
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009075
  • aerodrome-financeAerodrome Finance (AERO) $ 0.634250
  • dydx-chaindYdX (DYDX) $ 0.650954
  • aioz-networkAIOZ Network (AIOZ) $ 0.428489
  • true-usdTrueUSD (TUSD) $ 0.998415
  • beldexBeldex (BDX) $ 0.068746
  • elrond-erd-2MultiversX (EGLD) $ 17.34
  • ubtcuBTC (UBTC) $ 95,658.00
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999899
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 94,924.00
  • telcoinTelcoin (TEL) $ 0.005263
  • deepDeepBook (DEEP) $ 0.193170
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,891.28
  • kavaKava (KAVA) $ 0.436183
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999900
  • thorchainTHORChain (RUNE) $ 1.34
  • pumpbtcpumpBTC (PUMPBTC) $ 92,305.00
  • mantra-daoMANTRA (OM) $ 0.487951
  • starknetStarknet (STRK) $ 0.145542
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.175240
  • arweaveArweave (AR) $ 6.86
  • tbtctBTC (TBTC) $ 94,765.00
  • akash-networkAkash Network (AKT) $ 1.77
  • ecasheCash (XEC) $ 0.000022
  • grassGrass (GRASS) $ 1.57
  • apecoinApeCoin (APE) $ 0.540595
  • neoNEO (NEO) $ 6.07
  • ousgOUSG (OUSG) $ 110.88
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,809.64
  • berachain-beraBerachain (BERA) $ 3.49
  • apenftAPENFT (NFT) $ 0.00000042
  • matic-networkPolygon (MATIC) $ 0.239000
  • conflux-tokenConflux (CFX) $ 0.079738
  • beam-2Beam (BEAM) $ 0.007828
  • hashnote-usycHashnote USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • wormholeWormhole (W) $ 0.088592
  • axie-infinityAxie Infinity (AXS) $ 2.49
  • chilizChiliz (CHZ) $ 0.041347
  • super-oethSuper OETH (SUPEROETHB) $ 1,809.67
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,926.46
  • plumePlume (PLUME) $ 0.191998
  • popcatPopcat (POPCAT) $ 0.391743
  • justJUST (JST) $ 0.038212
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,809.36
  • axelarAxelar (AXL) $ 0.386517
  • compound-governance-tokenCompound (COMP) $ 40.50
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999971
  • olympusOlympus (OHM) $ 21.45
  • roninRonin (RON) $ 0.553946
  • amp-tokenAmp (AMP) $ 0.004146
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,811.21
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 31.67
  • saros-financeSaros (SAROS) $ 0.130480
  • sun-tokenSun Token (SUN) $ 0.017764
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.797943
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,851.04

$170 Million in Bitcoin Moved Amid Crypto Market Retreat

0 3

$170 Million in Bitcoin Moved Amid Crypto Market Retreat

The world’s leading cryptocurrency, Bitcoin, has just experienced a mysterious whale transfer worth $170,911,571, according to data provided by the popular blockchain tracking firm, Whale Alert.

The transaction, which involved 1,811 BTC, happened on April 30, amid several other large Bitcoin transfers recorded on the same day.

BTC returns to red zone

The sizable Bitcoin transfer, which occurred between two unknown wallets, comes amid a broad crypto market retreat, which saw the overall market capitalization plunge by 1.50% over the last day, according to CoinMarketCap.

While Bitcoin had returned to the red zone after posting notable gains in the previous days, the large Bitcoin transfer hints at a buying attempt from whales to acquire the token at a lower price. Notably, the mysterious asset movement occurred while Bitcoin was struggling to retain its bullish momentum, falling significantly from $95,208 to $93,076 on the same day.

Although the anonymous nature of the Bitcoin transfer has sparked speculation about the motive behind the move, BTC’s 18.02% surge in trading volume despite the price dip suggests that whales might be actively selling off their assets or redistributing them for strategic reasons.

Bitcoin selling pressure on the rise

While the recent crypto market dump has left investors questioning whether the bull cycle is already rounding up or if it’s just a temporary retreat before a bigger rally, data from an on-chain analytics firm suggests the former. It reveals that sell orders are increasingly outweighing buy orders.

According to the data, the 7-day moving average of BTC spot volume delta has plunged significantly over the past three days. This metric measures the demand for Bitcoin and shows that more market sell orders are being filled than buy orders. Thus, the weak metrics indicate a rise in Bitcoin’s selling pressure.

$170 Million in Bitcoin Moved Amid Crypto Market Retreat

Although this data was followed by a strong market rally that saw Bitcoin surpass the $95,000 mark, it appears that buyers may have become hesitant, leading to the sharp price drop experienced today.

While it remains uncertain if more volatile price actions lie ahead, the metric suggests that investors may be taking profits already, although massive Bitcoin whale accumulation is still ongoing.

Source

Leave A Reply

Your email address will not be published.