Summary
- On-chain analyst Ali Martinez said whales had accumulated large amounts of Bitcoin, Ether, and XRP over the past 72 hours.
- During that period, whales added about 15,000 Bitcoin, more than 166,000 Ether, and roughly 45 million XRP, suggesting they were buying the dip.
- Despite the whale accumulation, Bitcoin was up only slightly at $82,750, while Ether and XRP were flat.
Forecast Trend Report by Period
As the digital-asset market declined, large investors known as whales amassed Bitcoin, Ether and XRP.
On-chain analyst Ali Martinez, citing Santiment data on October 10, said whales used the price drop as a buying opportunity over the past 72 hours.
Over that period, whales added about 15,000 Bitcoin, more than 166,000 Ether and roughly 45 million XRP.
The across-the-board increase in whale holdings suggests large investors viewed the recent decline as a chance to buy at lower prices.
Still, whale accumulation does not necessarily translate into an immediate rally.
As of 7:05 p.m., Bitcoin was trading at $82,750, up 0.15% from a day earlier. Ether and XRP were flat at the same time.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.