🐋 Selon CryptoQuant, la "croissance de la demande" des whales #Bitcoin n'a jamais été aussi forte.
— Goku 🗞 (@Crypto__Goku) April 11, 2024
"Actuellement, la croissance de la demande de cette cohorte d'investisseurs n'a jamais été aussi forte".
La demande des "détenteurs permanents" a dépassé la création de nouveaux… pic.twitter.com/4761fYMbwJ
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Bitcoin: Whales are accumulating BTC massively
Thu 11 Apr 2024 ▪
3
min read ▪ by
Getting informed
▪
Event
As the Bitcoin halving approaches, a new crypto trend is emerging. We’re referring to the Bitcoin whales who are exhibiting unprecedented demand for BTC. This trend could mark a turning point for the crypto market.
The demand of Bitcoin whales is at its highest level
For the past few days, the whales of Bitcoin seem to show a growing interest in BTC. According to cryptography experts, this could indicate:
- an anticipation of value increase,
- a long-term strategy.
According to CryptoQuant, the demand from whales has surpassed the creation of new bitcoins for the first time. This means that the amount of new BTC generated by mining is no longer sufficient to satisfy the appetite of crypto investors. This trend could lead to a relative scarcity in the Bitcoin market.
Increased demand from Bitcoin whales: Implications and future outlooks
The increased demand from whales is likely to exert a bullish pressure on the price of the leading crypto. If this trend continues, it could even contribute to a significant increase in the value of Bitcoin in the medium and long term.
In advance, a demand that exceeds the supply of new BTC could lead to a shortage. This dynamic offers an interesting perspective for crypto investors. It could also strengthen Bitcoin’s position as a store of value.
Analysis of the behavior of whales and impact on the market
Whales are not just passive holders. These investors exert a strategic influence on the crypto market. Their buying or selling decisions are often based on in-depth analysis. They can signal to other investors emerging market trends.
The crypto community closely monitors the movements of Bitcoin whales. Indeed, a significant transaction from a whale can trigger chain reactions in the market. This will also affect the price and liquidity of Bitcoin.
The movements of whales can even redefine the effect of the Bitcoin halving that is expected to occur on April 20th according to some analysts.
One thing is certain, the growing demand of Bitcoin whales is a strong indicator to watch in the coming days.
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My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.