Bitcoin's strongest support level, currently at $50,000, is the one from which it could bounce in any situation. While a bounce from above is possible, this support level is currently quite strong. Bitcoin's trend is downward due to selling pressure in the US markets. However, the Iran-US conflict is not over, and we might see strong selling pressure from ETFs. This could lead to very high market volatility. Bitcoin is experiencing a continuous freefall without any apparent pause, which is quite...
#XRP whales are moving coins off centralized exchanges at a more pronounced pace than retail users, suggesting large-scale accumulation.
CryptoQuant data, shared by verified author Amr Taha, tracks the 7-day moving average of the XRP Whale vs. Retail Spread.
Per the analysis, whale-sized withdrawals have become increasingly dominant across centralized exchanges. The all-CEX reading rose from 26.0% on May 6 to 50.9% on June 29, an increase of 24.9% points.
The 24.9% increase suggests that ther...