[BitCoin] Whale wallet analysis 2018.05.04

in bitcoin •  7 years ago 

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Summary

Yesterday : Market Cap: $446,672,743,232 / BTC Dominance: 35.9%
Today : Market Cap: $454,169,507,913 ↑ / BTC Dominance: 36.2% ↑ 0.3%

Market cap increased from yesterday, but BITCOIN's dominance rising 0.3%.

The lowest rate of domination : 32.67%

1 BTC = $ 9,663.4 USD
bitfinex: 9,674 USD
gdax: 9,648.34 USD
bitstamp: 9,651.41 USD
hitbtc: 9,669.77 USD
kraken: 9,650.7 USD
1 USD = 0.0001 BTC

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Whale wallet

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Transaction history

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No. 10 (1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7)
He bought bitcoin (+2,000 BTC ).

No. 39 (1EdBvVAVP98zUsz2n8Pereop29y9fUFk2i)
He bought bitcoin (+377.77 BTC). ###### bought two consecutive days.

No. 40 (12tdYFDZ2kAtaHTiJwScYpAEah3bWrXFwr)
He bought bitcoin (+480 BTC). ###### bought two consecutive days

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Conclusion

There are still many bitcoins stored in the exchange wallet.
If Whale wants to hold long term, Whale does not need to keep the bitcoin in the exchange.
So the bitcoins will still be a lot of trades. I think that the bitcoin value will increase.
Some whales have bought a bitcoin more than yesterday.

Source :

  1. https://coinmarketcap.com
  2. https://bitinfocharts.com/

Disclaimer

This is no financial advice, just my view on the market.

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