Bitcoin and XRP See Surge in Whale Activity Amid Market Fluctuations
December 13, 2023Increased whale activity is observed in Bitcoin and XRP markets, with large transactions reshuffling a total of 84 million XRP.
Despite price fall, optimism remains about XRP's future.
Bitcoin Cash shows bullish divergence leading to whale accumulation in anticipation of Bitcoin ETF approval, with resistance at $253 identified for full recovery.
Ethereum whale strategically engaging in swaps and liquidity moves potentially profiting from market dynamics.
Surge in whale activity in Bitcoin market with large transactions to exchanges like Binance and Coinbase, but no evidence yet of these transactions affecting Bitcoin's price.
Analyst Ali Martinez identifies key support and resistance levels for Bitcoin, with support expected between $37,150 and $38,360 and resistance at $43,850 and $46,400.
Bitcoin is currently trading at $41,380 with a 1% decline in the last 24 hours and a market capitalization of around $809 billion.
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