{"id":58585,"date":"2022-03-07T20:17:28","date_gmt":"2022-03-07T18:17:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58585"},"modified":"2025-09-04T17:31:25","modified_gmt":"2025-09-04T14:31:25","slug":"santiment-whales-accumulate-usdt-to-buy-bitcoin-cheaply","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/santiment-whales-accumulate-usdt-to-buy-bitcoin-cheaply\/","title":{"rendered":"Santiment: Whales accumulate USDT to buy Bitcoin cheaply"},"content":{"rendered":"<p>Santiment analysts have observed a rise in the number of coins on large USDT addresses.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udc33\ud83e\udd88 Whales and sharks provide alpha through <a href=\\\"https:\/\/twitter.com\/hashtag\/stablecoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#stablecoin<\/a> behavior, just as they do with their <a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> and <a href=\\\"https:\/\/twitter.com\/hashtag\/altcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#altcoin<\/a> accumulation and dumping. In the last month, addresses with 10k to 10m <a href=\\\"https:\/\/twitter.com\/hashtag\/Tether?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Tether<\/a> have added $1.06b in buying power, 2.7% of the total supply. \ud83e\udd11 <a href=\\\"https:\/\/t.co\/nBa8wBvmKi\\\">https:\/\/t.co\/nBa8wBvmKi<\/a> <a href=\\\"https:\/\/t.co\/aGvs8rZX3x\\\">pic.twitter.com\/aGvs8rZX3x<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\\\"https:\/\/twitter.com\/santimentfeed\/status\/1500415936557305857?ref_src=twsrc%5Etfw\\\">March 6, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to their observations, over the past month the aggregate value of stablecoins on addresses with balances from 10,000 USDT to 1 million USDT rose by $1.06 billion. This accounts for 2.7% of the total supply of \\&#8221;stablecoins\\&#8221; from Tether.<\/p>\n<p>The firm believes that large players are seeking to acquire digital gold at a lower price. By accumulating stablecoins amid a falling Bitcoin, the whales are \\&#8221;building up their buying power\\&#8221;.<\/p>\n<p>Analysts also noted a net outflow of BTC from centralized exchanges over 21 of the past 26 weeks.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udcca <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> continues to see coins moving off of exchanges while prices are near a 6-month bottom. Interestingly, 21 of the past 26 weeks saw <a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> moving more off of exchanges than on to exchanges. Look for major outflow spikes as price rise indicators. <a href=\\\"https:\/\/t.co\/Jl0GZqfBlF\\\">https:\/\/t.co\/Jl0GZqfBlF<\/a> <a href=\\\"https:\/\/t.co\/6Btqp4F7Vl\\\">pic.twitter.com\/6Btqp4F7Vl<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\\\"https:\/\/twitter.com\/santimentfeed\/status\/1500705163585024001?ref_src=twsrc%5Etfw\\\">March 7, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In addition, experts noted a rise in Ethereum supply on \\&#8221;whale\\&#8221; addresses amid the price decline of the second-largest cryptocurrency.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udc33 <a href=\\\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Ethereum<\/a>\u2018s <a href=\\\"https:\/\/twitter.com\/hashtag\/billionaire?src=hash&#038;ref_src=twsrc%5Etfw\\\">#billionaire<\/a> addresses (holding 1m to 10m <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a>) have shown nice price alpha, historically. Currently, these addresses hold 21.6% of all <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a>. They have accumulated 2.2% more of the supply over the past 6 months despite the price correction. <a href=\\\"https:\/\/t.co\/DVFx8xFHLq\\\">https:\/\/t.co\/DVFx8xFHLq<\/a> <a href=\\\"https:\/\/t.co\/j4C1WQ2asd\\\">pic.twitter.com\/j4C1WQ2asd<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\\\"https:\/\/twitter.com\/santimentfeed\/status\/1500747710818754561?ref_src=twsrc%5Etfw\\\">March 7, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Addresses with balances from 1 million ETH to 10 million ETH currently concentrate 21.6% of the total ether supply.<\/p>\n<p>Earlier, Glassnode analysts noted the resilience of Bitcoin holders amid the war in Ukraine.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Santiment analysts have observed a rise in the number of coins on large USDT addresses.<\/p>\n","protected":false},"author":1,"featured_media":58586,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,1478,1245],"class_list":["post-58585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-santiment","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58585","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=58585"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58585\/revisions"}],"predecessor-version":[{"id":58587,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58585\/revisions\/58587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58586"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}