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💰A new analysis from Glassnode data on Bitcoin supply shows that most of the current supply is held by old whales (OG Whales).

⭐️These whales are individuals who accumulated the majority of their holdings back in 2011, shown in orange and yellow colors on the chart.

⭐️They bought Bitcoin at extremely low prices, around $10 or even less, and now every Bitcoin they sell requires over $110,000 of new capital entering the market to be absorbed.

⭐️Why has Bitcoin’s growth slowed? Mainly due to selling pressure from old whales. Since they have been around since Bitcoin’s early days and bought at nearly zero cost, even a small portion of their sales brings them massive profits. Their selling forces the market to attract huge amounts of fresh capital for the price to move up.

💰Every Bitcoin sold by these whales equals the need for large-scale new capital. For example, if they sell 1,000 BTC, the market must absorb it with more than $110 million in new inflows.

📊The darker colors (orange) represent the large and old whales. As we can see, since the very early years (2010–2011), a massive share of the supply has been in their hands, and they still have a significant impact today.
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💡Daily chart
✔️Money incoming
#parti
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📊Check this chart
👀1D time frame
#bico
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📊6H time frame
#pha
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🙂👀Check this chart 📊
#btr
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📊👀Support is the bottom trendline, resistance is the descending trendline. If it breaks out upwards, it can reach 0.09500. If it breaks down and loses support = escape
#cudis
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💰Check this chart
📊FALLING WEDGE PATTERN , PUMP SOON ? 😳
#btc
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😳💰check this chart
#btc
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😳💰🙂Check this chart
#eth
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✏️✏️✏️✏️✏️✏️
🙂Tether dominance also made its pullback exactly opposite to Bitcoin.
Its strong support level is around 4.35% — if it loses this level, it won’t have any strong support until about 4.00%.
@cryptoboxtobox
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🥸Watchlist
📌W8 for break out
#hemi
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💰The daily chart of Bitcoin dominance still has room to reach 61.00%.
However, since both the Total and Total 3 charts are also bullish, it might not have much effect on some altcoins — especially those with a low market cap and priced under $1.
@cryptoboxtobox
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📊Check this chart
There is some money coming in; the chart is on the 8-hour timeframe at the current price of $3,250. If a breakout happens, it could reach $3,800. Add it to your watchlist
#omni
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Signal Box
🔤🔤🔤🔤 🙂📊Update chart #hemi @cryptoboxtobox
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📊+16%
#hemi
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💰😳Check this chart
#btc
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🙂📊Check this chart
🔔W8 for break out
#bas
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😳Add it to your watchlist, especially for spot trading. It might range for a while, but when its upward wave timing comes, you can expect a good move. Its support is around 0.1450✔️
#promot
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