📉 Significant increases are observed in whale transactions worth at least $100,000 in Bitcoin (BTC). Its supply on cryptocurrency exchanges is gradually increasing as it struggles to reclaim $37,000.
- Large transaction increases that began earlier this month are confirmed by Santiment data.
- Starting from November 5, whale transactions increased rapidly and exceeded 5,000 three days later.
- Bitcoin recorded 7,992 transactions worth $100,000 and above as of November 8.
🔍 Market observers generally interpret the increase in supply on exchanges as a bearish trend. Bitcoin is targeting $37,000 and is up 4% in the last 24 hours.
- Large transaction increases that began earlier this month are confirmed by Santiment data.
- Starting from November 5, whale transactions increased rapidly and exceeded 5,000 three days later.
- Bitcoin recorded 7,992 transactions worth $100,000 and above as of November 8.
🔍 Market observers generally interpret the increase in supply on exchanges as a bearish trend. Bitcoin is targeting $37,000 and is up 4% in the last 24 hours.