Bitcoin
Bitcoin (BTC)
$70,094.00 1.91911
Bitcoin price
Ethereum
Ethereum (ETH)
$3,930.26 2.15213
Ethereum price
BNB
BNB (BNB)
$609.95 1.58067
BNB price
Solana
Solana (SOL)
$171.34 5.63056
Solana price
XRP
XRP (XRP)
$0.5388950 1.72204
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 5.76958
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 4.60344
Pepe price
Bonk
Bonk (BONK)
$0.0000386 11.57587
Bonk price
Bitcoin
Bitcoin (BTC)
$70,094.00 1.91911
Bitcoin price
Ethereum
Ethereum (ETH)
$3,930.26 2.15213
Ethereum price
BNB
BNB (BNB)
$609.95 1.58067
BNB price
Solana
Solana (SOL)
$171.34 5.63056
Solana price
XRP
XRP (XRP)
$0.5388950 1.72204
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 5.76958
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 4.60344
Pepe price
Bonk
Bonk (BONK)
$0.0000386 11.57587
Bonk price
Bitcoin
Bitcoin (BTC)
$70,094.00 1.91911
Bitcoin price
Ethereum
Ethereum (ETH)
$3,930.26 2.15213
Ethereum price
BNB
BNB (BNB)
$609.95 1.58067
BNB price
Solana
Solana (SOL)
$171.34 5.63056
Solana price
XRP
XRP (XRP)
$0.5388950 1.72204
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 5.76958
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 4.60344
Pepe price
Bonk
Bonk (BONK)
$0.0000386 11.57587
Bonk price
Bitcoin
Bitcoin (BTC)
$70,094.00 1.91911
Bitcoin price
Ethereum
Ethereum (ETH)
$3,930.26 2.15213
Ethereum price
BNB
BNB (BNB)
$609.95 1.58067
BNB price
Solana
Solana (SOL)
$171.34 5.63056
Solana price
XRP
XRP (XRP)
$0.5388950 1.72204
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 5.76958
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000166 4.60344
Pepe price
Bonk
Bonk (BONK)
$0.0000386 11.57587
Bonk price
SirWin
SirWin
SirWin

Bitcoin price surges amid declining whale activity

bitcoin-price-surges-amid-declining-whale-activity
Edited by
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Bitcoin price surges amid declining whale activity

The Bitcoin (BTC) price gained bullish momentum again, surpassing the $70,000 mark, while whale activity around the asset declined.

BTC is up by 2.2% and is trading at around $71,000 at the time of writing. The flagship asset’s market cap is getting close to the $1.4 trillion mark — currently sitting at $1.398 trillion.

Bitcoin price surges amid declining whale activity - 1
BTC price, whale activity, RSI and active addresses – April 11 | Source: Santiment

Moreover, Bitcoin’s daily trading volume increased by 5% and is hovering around $37.5 billion at the reporting time.

The upward momentum comes after Bitcoin dropped below the $68,000 mark after the U.S. inflation rate rose above the expected 3.4% — reaching 3.5% Y/Y.

According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC has been consistently declining over the past four days — falling from 14,261 settlements on April 8 to 10,182 unique transactions over the past 24 hours.

Data from Santiment shows that the number of daily active addresses has also declined along with the BTC whale activity — falling from 898,850 addresses to 866,140 active wallets over the past 24 hours. 

On the other hand, the BTC Relative Strength Index (RSI) increased from 48 to 54 over the past day, according to Santiment data. The indicator shows that Bitcoin is slightly overheated but is still in good condition.

An RSI of above 60 would indicate that Bitcoin is overbought and could lead to high price volatility.