$200M Bitcoin hits exchanges in 24 hours – But a $903M whale buy absorbs the pressure
By Ritika Gupta
Bitcoin faces rising whale short pressure as ETF and exchange outflows hint at tightening supply and a potential market reversal.
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundFrom the blog
Analyst Urges XRP Investors To Note Ripple’s Latest Move
Analyst X Finance Bull highlighted Ripple's Treasury platform expansion, noting its potential to capture a share of the massive global…
Analyst Cites Franklin Templeton Remarks to Boost XRP, XLM, and HBAR Outlook
Franklin Templeton has built something institutional finance has never seen before. Sandy Kaul, the firm’s Head of Innovation, appeared in…
Crypto Billionaire Matthew Mellon Recounts How XRP Rescued Him During a Banking Crisis
Crypto researcher SMQKE recently posted a clip on X that few people have seen. It shows Matthew Mellon, a banking…




