Bitcoin Whale ‘FOMO’ Escalates as BTC Value Lingers Under $67K Liquidity Zone

CoinMarketCap04-24

Key Points Bitcoin (BTC) continues to pressure key resistance, with whales reportedly buying the dip. Whales holding between 1,000 and 10,000 BTC are driving the price rise, accumulating more BTC ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Whale ‘FOMO’ Escalates as BTC Value Lingers Under $67K Liquidity Zone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 13:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/662899e6368bfb2fb2c52286/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nBitcoin (BTC) continues to pressure key resistance, with whales reportedly buying the dip.\nWhales holding between 1,000 and 10,000 BTC are driving the price rise, accumulating more BTC ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/662899e6368bfb2fb2c52286/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"ClearShares Piton Intermediate Fixed Income ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/662899e6368bfb2fb2c52286/","article_id":"2429104854","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/fed63b037bdd4a4e858edd47007f6ebc.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429104854","pubTimestamp":1713936862,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Key Points Bitcoin (BTC) continues to pressure key resistance, with whales reportedly buying the dip. Whales holding between 1,000 and 10,000 BTC are driving the price rise, accumulating more","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTC":"ClearShares Piton Intermediate Fixed Income ETF","FOMO":"FOMO ETF"},"translate_title":"比特币鲸“FOMO”升级，BTC价值徘徊在6.7万美元流动性区以下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1,"FOMO":1},"content_text":"Key Points\n\nBitcoin (BTC) continues to pressure key resistance, with whales reportedly buying the dip.\nWhales holding between 1,000 and 10,000 BTC are driving the price rise, accumulating more BTC since the start of 2024.\n\nBitcoin (BTC) continues to maintain pressure on key resistance points.\nResearch indicates that large Bitcoin investors, often referred to as ‘whales’, have been buying the dip.\nWhales Seize the Opportunity\nThe price of Bitcoin hovered around $67,000 after a boost at the daily close.\nDespite remaining within a narrow range, bullish traders continue to chip away at nearby order book liquidity.\nCurrent data from CoinGlass, a monitoring resource, shows a bid wall of approximately $35 million on Binance was taken at the daily close.\nThe majority of ask liquidity now sits between $67,000 and $67,500.\nWhale Trading Behavior\nA chart accompanying the data shows trading behavior among different classes of Bitcoin whales.\nThe $1-$10 million order category, in contrast to others, increased exposure throughout April.\nThis finding is supported by Santiment, a research firm, which revealed that wallets holding between 1,000 and 10,000 BTC are experiencing “FOMO” (Fear of Missing Out).\nThese whales now own more than a quarter of the Bitcoin supply, heading for new record highs.\nQCP Capital, a trading firm, suggested that the crypto markets might enjoy a final stretch of low volatility before a significant shift occurs.\nAnalysts pointed to the reset in Bitcoin funding rates and a slow but steady return of interest to the United States’ spot Bitcoin exchange-traded funds (ETFs).\nThe firm noted that traditional finance demand continues to stream in, albeit at a slower pace.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429104854"}