Bitcoin
Bitcoin (BTC)
$64,212.00 -0.72473
Bitcoin price
Ethereum
Ethereum (ETH)
$3,428.62 0.1684
Ethereum price
BNB
BNB (BNB)
$572.14 -0.0785
BNB price
Solana
Solana (SOL)
$161.31 2.23823
Solana price
XRP
XRP (XRP)
$0.5576880 -8.78094
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -6.6604
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -1.59654
Pepe price
Bonk
Bonk (BONK)
$0.0000268 -0.592
Bonk price
Bitcoin
Bitcoin (BTC)
$64,212.00 -0.72473
Bitcoin price
Ethereum
Ethereum (ETH)
$3,428.62 0.1684
Ethereum price
BNB
BNB (BNB)
$572.14 -0.0785
BNB price
Solana
Solana (SOL)
$161.31 2.23823
Solana price
XRP
XRP (XRP)
$0.5576880 -8.78094
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -6.6604
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -1.59654
Pepe price
Bonk
Bonk (BONK)
$0.0000268 -0.592
Bonk price
Bitcoin
Bitcoin (BTC)
$64,212.00 -0.72473
Bitcoin price
Ethereum
Ethereum (ETH)
$3,428.62 0.1684
Ethereum price
BNB
BNB (BNB)
$572.14 -0.0785
BNB price
Solana
Solana (SOL)
$161.31 2.23823
Solana price
XRP
XRP (XRP)
$0.5576880 -8.78094
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -6.6604
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -1.59654
Pepe price
Bonk
Bonk (BONK)
$0.0000268 -0.592
Bonk price
Bitcoin
Bitcoin (BTC)
$64,212.00 -0.72473
Bitcoin price
Ethereum
Ethereum (ETH)
$3,428.62 0.1684
Ethereum price
BNB
BNB (BNB)
$572.14 -0.0785
BNB price
Solana
Solana (SOL)
$161.31 2.23823
Solana price
XRP
XRP (XRP)
$0.5576880 -8.78094
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -6.6604
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -1.59654
Pepe price
Bonk
Bonk (BONK)
$0.0000268 -0.592
Bonk price

Bitcoin’s realized price rises amid a surge in whale activity

bitcoins-realized-price-rises-amid-a-surge-in-whale-activity
Edited by
News
Bitcoin’s realized price rises amid a surge in whale activity

Bitcoin (BTC) witnessed a sudden drop as March started with a series of bank collapses. The downward movement continued for almost two weeks, bringing the price down to the $19,500 mark on March 10. 

A week later, BTC hit a 10-month high of $28,803, according to crypto.news data. A CryptoQuant analyst shared his bullish expectations on bitcoin as its “realized price” is closing to the $20,000 mark — currently at around $19,916.

Bitcoin’s realized price rises amid a surge in whale activity - 1
Bitcoin price on March 23 | Source: TradingView

“There is a high probability that the Realized Price of bitcoin could break the $20,000 USD level due to increased demand for bitcoin, to regain to its ATH levels.”

CryptoQuant.
https://twitter.com/cryptoquant_com/status/1638733393222594560?t=1Xm8isGZVCltoYSkbv3AYw&s=19

Moreover, as the bullish expectations shape again, a bitcoin whale has moved around 7,165 coins from the Singapore-based exchange Crypto.com to an unknown wallet. According to Whale Alert, there are five transactions, worth 1,433 BTC each, that happened in a matter of seconds.

https://twitter.com/whale_alert/status/1638718422786916353?t=UfRnQdc5HBUZhxrTmbyr9g&s=19

The total amount of bitcoin, transferred from Crypto.com, is worth roughly $200 million at the time of writing.

Bitcoin is up by 0.5% in the past hour and trading at $27,914 at the time of writing, per data provided by crypto.news. The asset reached the $28,800 mark on March 22, a level last touched in June 2022.

Furthermore, bitcoin has a 46.2% dominance over the total crypto market with a market capitalization of roughly $540 billion.