Blockchain parser captured a large amount of “cold bitcoins” transferred to active exchanges – Bitcoin Featured News

Two days ago, on November 30th, the price of Bitcoin (Bitcoin) It hit a high point that day, reaching $59,250 per unit, but since then the value has fallen by nearly 5%, slightly above the $56,000 area. On-chain statistics show that whales and long-term holders (LTH) have been spending the past month, and blockchain parsers have witnessed huge changes in recent days.

Btcparser 3 Bitcoin transfer from cold wallet to active exchange

In the first two days of December, some large-scale Bitcoin (BTC) The whale movement originated from long-term Bitcoin holders.On Thursday morning, the creator of the portal Bitcoin parser Explains that “a large amount of bitcoins are withdrawn from cold wallets and transferred to active exchanges.”

On-chain actions are captured by blockchain analysis tools Bit parser 3, A tool that analyzes each new Bitcoin block by obtaining detailed information about all the transactions in it. “The bot uses 100 blocks as a group and identifies all wallets that have sent or received a total of more than 1,000 bitcoins during that time,” explained the analysis tool’s website.

Giant Bitcoin Whale Transfer: Blockchain parser captures large amounts of
Btcparser 3 data as of December 1, 2021.

On December 1, Btcparser 3 captured some Main chain actions, In one day, it saw the movement of thousands of bitcoins.For example, on Wednesday, the parser captured 15,074 BTC moves Or $849 million, 6,970 BTC movedAnd thousands more Bitcoin Also spent.

Giant Bitcoin Whale Transfer: Blockchain parser captures large amounts of
Btcparser 3 data as of December 2, 2021.

Then on the second day of December 2, Huge bitcoin transaction Captured by Btcparser 3. This transaction Saw a staggering 36,645 on Thursday Bitcoin Deposit and 10,547 Bitcoin Leaving the wallet.The value of Bitcoin in U.S. dollars is more than 2 billion U.S. dollars, and the address spent more than 28.2 billion U.S. dollars Bitcoin (BTC) In its lifetime.Captured by Btcparser 3 at 1:59 AM (Eastern Standard Time) on Thursday 15,074 Bitcoin Or a $849 million move.

The Glassnode report shows that long-term holders are spending Bitcoin holdings-“The key active whale address is the content”

Except for Btcparser 3 which captured the main whale movement for two days, Glass node The latest insight report, “Week 48 on the chain,” It is determined that long-term holders (LTH) are “spending some of their assets.” Glassnode’s report pointed out that this action has been prominent in the past 30 days.

Giant Bitcoin Whale Transfer: Blockchain parser captures large amounts of
The long-term holder supply chart in the Glassnode Insights report, “Week Onchain 48”.

“Turn our attention to [LTHs],” Glassnode’s report details. “We can see that the expenditure in the past month has maintained a reasonable sustained rate.From the peak of 13.5M Bitcoin In the position, LTH has been spent (assuming it has been allocated) 150K Bitcoin, Which is equivalent to about 5.8% of the cumulative transaction volume since March 2021. “

Cryptocurrency advocates have been discussing major whale movements on forums, and the Bitcoin Whale comment is Scattered on social media. Cryptographic Analysis Company mood He also posted a tweet about the whale operation in the past month on November 23.

“Bitcoin’s key active whale address is between 100 and 10K Bitcoin Content after a total of about 40K has been accumulated Bitcoin In the last week’s decline,” Santiment SaidThe company also shared its Weekly report Likewise, it discusses whale action and “increasing bearish sentiment (and why this is a good thing).”

Tags in this story

Active exchange, Bitcoin, Bitcoin (BTC), Bitcoin transactions, Bitcoin whale, Blockchain analysis, Blockchain analysis engine, Bitcoin holdings, Bitcoin parser, Bit parser 3, Bitcoin parser, Cold wallet, Glass node, Long-term holder, LTH loss, LTH in profit, LTH, On-chain analysis, profit, mood, expenditure, tool, Whale trading, whale

What do you think of the recent Bitcoin price movements, whale movements and the current bearish sentiment? Please tell us your thoughts on this topic in the comments section below.

Image Source: Shutterstock, Pixabay, Wiki Commons,, Glassnode on-chain reports,

Disclaimer: This article is for reference only. It is not a direct offer or invitation to buy or sell, nor is it a recommendation or endorsement of any product, service or company. Bitcoin Network Does not provide investment, tax, legal or accounting advice. The company or the author is not directly or indirectly responsible for any damage or loss caused or claimed to be caused by using or relying on any content, goods or services mentioned in this article.

Source link