{"id":14275,"date":"2022-12-10T10:43:42","date_gmt":"2022-12-10T10:43:42","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/10\/bitcoin-price-under-pressure-as-another-whale-dumps-almost-10k-btc\/"},"modified":"2022-12-10T10:43:42","modified_gmt":"2022-12-10T10:43:42","slug":"bitcoin-price-under-pressure-as-another-whale-dumps-almost-10k-btc","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/10\/bitcoin-price-under-pressure-as-another-whale-dumps-almost-10k-btc\/","title":{"rendered":"Bitcoin Price Under Pressure As Another Whale Dumps Almost 10K BTC"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/bitcoin-price-under-pressure-as-another-whale-dumps-almost-10k-btc\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p>Bitcoin (BTC) worth struggles to rally above $17.5k as miners and <a href=\"https:\/\/coingape.com\/glossary\/whale-accumulation\/\" target=\"_blank\" rel=\"noopener\">whales<\/a> proceed to liquidate their BTC positions. The BTC worth has failed to indicate any important upside transfer and stays underneath stress following the collapse of <a href=\"https:\/\/coingape.com\/tag\/ftx\" target=\"_blank\" rel=\"noopener\">FTX<\/a>.<\/p>\n<h2>Bitcoin Whales Dumping Their BTC Holdings<\/h2>\n<p>Whale Alert in a <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/whale_alert\/status\/1601295611168538626\" target=\"_blank\">tweet<\/a> on December 10 revealed {that a} whale has transferred 9,901 BTC value $170 million to crypto change Kraken.<\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/bitinfocharts.com\/bitcoin\/address\/bc1qxv55wuzz4qsfgss3uq2zwg5y88d7qv5hg67d2d\" target=\"_blank\">On-chain data<\/a> reveals the Bitcoin whale bought 9,901 BTC for $391.91 million on July 29, 2021. The BTCs stay unmoved for the reason that date and the pockets has no different transactions. The whale has offered the Bitcoin holdings for a lack of $222 million.<\/p>\n<figure id=\"attachment_130755\" aria-describedby=\"caption-attachment-130755\" style=\"width: 700px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-130755\" alt=\"Bitcoin Whales Holding 1K-100K BTCs\" width=\"700\" height=\"407\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/10150733\/Bitcoin-Whales-Holding-1K-100K-BTCs.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-130755\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/10150733\/Bitcoin-Whales-Holding-1K-100K-BTCs.jpg\" alt=\"Bitcoin Whales Holding 1K-100K BTCs\" width=\"700\" height=\"407\"\/><\/noscript><figcaption id=\"caption-attachment-130755\" class=\"wp-caption-text\">Bitcoin Whales Holding 1K-100K BTCs. Source: Santiment<\/figcaption><\/figure>\n<p>Analyst <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/ali_charts\/status\/1600823495981670400\" target=\"_blank\">Ali Martinez<\/a> has additionally shared that round 33 whales holding 1,000 to 100,000 <span class=\"link-complex-target\">BTCs<\/span> have left the community. In truth, these whales offered or redistributed round 20,000 <span class=\"link-complex-target\">BTC<\/span> within the final 96 hours. Now, there are solely 2037 wallets holding 1,000 to 100,000 <span class=\"link-complex-target\">BTCs.<\/span><\/p>\n<p>However, <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/santimentfeed\/status\/1600946173564502016\" target=\"_blank\">Santiment<\/a> on-chain information platform tweeted that the availability of Bitcoin and Ethereum on crypto exchanges are actually at a 4-year low. Thus, it signifies a decrease sell-off threat.<\/p>\n<p>As reported in a earlier article, <a href=\"https:\/\/coingape.com\/bitcoin-btc-price-prediction-on-chain-data-indicates-whales-still-selling\/\" target=\"_blank\" rel=\"noopener\">whales are still selling<\/a> their BTC holdings. Whales continued to cut back their Bitcoin holdings since June 2022 and offered almost 367k BTC. Moreover, whales with 1k-10k BTC continued to liquidate their Bitcoin holdings throughout the <a href=\"https:\/\/coingape.com\/slow-down-btc-mining-hamper-bitcoins-short-term-price\/\" target=\"_blank\" rel=\"noopener\">miner capitulation phase<\/a> till November. Therefore, merchants should observe whales growing their BTC holdings to verify a Bitcoin rally.<\/p>\n<figure id=\"attachment_130594\" aria-describedby=\"caption-attachment-130594\" style=\"width: 703px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-130594\" alt=\"Bitcoin Spent Output Value Bands\" width=\"703\" height=\"436\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/09140428\/Bitcoin-Spent-Output-Value-Bands.webp\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-130594\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/09140428\/Bitcoin-Spent-Output-Value-Bands.webp\" alt=\"Bitcoin Spent Output Value Bands\" width=\"703\" height=\"436\"\/><\/noscript><figcaption id=\"caption-attachment-130594\" class=\"wp-caption-text\">Bitcoin Spent Output Value Bands. Source: CryptoQuant<\/figcaption><\/figure>\n<h2>BTC Price Risks Falling to $12.8K<\/h2>\n<p>Analysts reminiscent of <a href=\"https:\/\/coingape.com\/popular-analysts-predict-bitcoin-and-ethereum-prices-for-christmas\/\" target=\"_blank\" rel=\"noopener\">Michael van de Poppe and \u201cWolf of the Wall Street\u201d Jordan Belfort<\/a> consider Bitcoin can rally if it crosses $18k, suggesting $16.5k as a important assist degree. However, the BTC worth has did not move even $17.3k and on-chain information predicts <a href=\"https:\/\/coingape.com\/bitcoin-price-prediction-on-chain-data-analysts-predict-upside-level\/\" target=\"_blank\" rel=\"noopener\">$18k is a strong resistance level<\/a>.<\/p>\n<p>Moreover, miner capitulation and whales promoting their BTC holdings point out uncertainty. On-chain predicts that BTC worth can backside at $12.8k, the delta worth for Bitcoin.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/ethereum-eth-price-prediction-news\/\" target=\"_blank\" rel=\"noopener\">Ethereum (ETH) Price Key Metric At 4-Year Low Means Turnaround<\/a><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA130742\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nVarinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present protecting all the newest updates and developments within the crypto trade.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD130742\">\n<p> The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/bitcoin-price-under-pressure-as-another-whale-dumps-almost-10k-btc\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin (BTC) worth struggles to rally above $17.5k as miners and whales proceed to liquidate their BTC positions. The BTC worth has failed to indicate any important upside transfer and stays underneath stress following the collapse of FTX. Bitcoin Whales Dumping Their BTC Holdings Whale Alert in a tweet on December 10 revealed {that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[359,20,31,1573,1443,110,237],"class_list":["post-14275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-10k","tag-bitcoin","tag-btc","tag-dumps","tag-pressure","tag-price","tag-whale","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14275"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14275\/revisions"}],"predecessor-version":[{"id":14276,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14275\/revisions\/14276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14277"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14275"}],"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