“A whale address transferred several thousand bitcoins to an exchange”—what does this mean?
The active address count measures the number of addresses involved in transfers over a period of time, and is often used as one indicator of network usage.
When you see breaking news about “whale activity,” first check who owns the address and where the coins ended up. Don’t place a trade based on the headline alone.
Every transfer from $BTC is publicly recorded on the blockchain, and anyone can look it up using a block explorer. Current price: 65407.84.
If anything isn’t clear, leave a comment and ask me.
The active address count measures the number of addresses involved in transfers over a period of time, and is often used as one indicator of network usage.
When you see breaking news about “whale activity,” first check who owns the address and where the coins ended up. Don’t place a trade based on the headline alone.
Every transfer from $BTC is publicly recorded on the blockchain, and anyone can look it up using a block explorer. Current price: 65407.84.
If anything isn’t clear, leave a comment and ask me.
