Search results for CVDD
Crypto
Bitcoin whales buy during correction, holdings in 1,000-BTC wallets hit 7.17 million
Large bitcoin holders increased accumulation during a recent price correction, lifting total holdings in wallets with at least 1,000 BTC to 7.17 million BTC. The level is the highest since March 14, The Crypto Basic reported, citing Santiment. The wallets account for 35.82 percent of the 20.04 million bitcoin in circulation, with 2,044 such wallets averaging 3,507.8 BTC each. Views on a price floor range from $60,000 to about $48,000.
Crypto
Bitcoin on-chain indicators flash warning; potential bottom seen around $48,000
Bitcoin’s CVDD model, used to estimate long-term bottoms, points to a potential cycle low around $48,000. During the recent pullback, investor loss pressure increased and on-chain indicators began to resemble past bottom zones. CryptoQuant analyst Axel Adler Jr highlighted the SSRR risk ratio turning red for the first time since the previous cycle, signaling greater holder stress. Analysts also cited a CVDD baseline near $48,300 and said downside focus could shift there if weakness persists.
Crypto
Bitcoin bottom call resurfaces as whales and retail investors step up accumulation
Bitcoin posted its lowest-ever relative strength index readings on daily and two-week measures, while accumulation by whales and retail investors continued, the report said. Some analysts viewed the signal as a long-term buying opportunity but left open the possibility of a drop below $60,000. On-chain data showed wallets holding 1,000 to 10,000 bitcoin added the most, while holdings above 10,000 declined. Fair value gap and CVDD metrics pointed to potential support zones.