{"id":12850,"date":"2024-04-23T17:21:25","date_gmt":"2024-04-23T14:21:25","guid":{"rendered":"https:\/\/forklog.com\/en\/cryptoquant-observes-generational-shift-among-bitcoin-whales\/"},"modified":"2024-04-23T17:21:25","modified_gmt":"2024-04-23T14:21:25","slug":"cryptoquant-observes-generational-shift-among-bitcoin-whales","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cryptoquant-observes-generational-shift-among-bitcoin-whales\/","title":{"rendered":"CryptoQuant Observes Generational Shift Among Bitcoin Whales"},"content":{"rendered":"<p>Investments in Bitcoin by &#8220;new&#8221; whales have nearly doubled those of &#8220;old&#8221; major players, according to CryptoQuant CEO Ki Young Ju.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The new whales&#8217; initial investment in <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is almost twice the old whales&#8217; cumulative total. <a href=\"https:\/\/t.co\/SU5Aiw1nJB\">pic.twitter.com\/SU5Aiw1nJB<\/a><\/p>\n<p>\u2014 Ki Young Ju (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1782613796852576759?ref_src=twsrc%5Etfw\">April 23, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert classified &#8220;whale&#8221; addresses as those not associated with <span data-descr=\"centralized exchanges\" class=\"old_tooltip\">CEX<\/span> and miners, with a balance exceeding 1000 BTC. &#8220;New&#8221; whales are defined as those holding coins for less than 155 days, while &#8220;old&#8221; whales exceed this period.<\/p>\n<p>Specialists separately examined the dynamics of the <span data-descr=\"Seven-day moving average\" class=\"old_tooltip\">7DMA<\/span> ratio of the SOPR indicator concerning hodlers (holding period over 155 days) versus short-term investors (less than the specified period).<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"cryptoquant_official\/2305\" data-width=\"100%\"><\/script><\/p>\n<p>An elevated metric value indicates high profitability for the former relative to the latter, which may suggest potential price peak formations.<\/p>\n<p>The current analysis advises caution in anticipation of possible corrections or increased volatility.<\/p>\n<p>Back in April, CMCC Crest co-founder Willy Woo warned that if Bitcoin falls below $59,000, the market risks entering a bearish phase.<\/p>\n<p>Earlier, JPMorgan specialists noted that digital gold is in an overbought state.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investments in Bitcoin by &#8220;new&#8221; whales have nearly doubled those of &#8220;old&#8221; major players, according to CryptoQuant CEO Ki Young Ju. The new whales&#8217; initial investment in #Bitcoin is almost twice the old whales&#8217; cumulative total. pic.twitter.com\/SU5Aiw1nJB \u2014 Ki Young Ju (@ki_young_ju) April 23, 2024 The expert classified &#8220;whale&#8221; addresses as those not associated with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1205,1156,1268],"class_list":["post-12850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptoquant","tag-institutional-investors-and-whales","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12850"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12849"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}