{"id":162901,"date":"2022-08-30T15:39:09","date_gmt":"2022-08-30T15:39:09","guid":{"rendered":"https:\/\/precoinnews.com\/?p=162901"},"modified":"2022-08-30T15:39:09","modified_gmt":"2022-08-30T15:39:09","slug":"have-bitcoin-whales-started-buying-again","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/","title":{"rendered":"Have Bitcoin Whales Started Buying Again?"},"content":{"rendered":"<p><em>By Marcus Sotiriou, Analyst<\/em><em>\u00a0at the\u00a0publicly listed digital asset broker\u00a0<\/em><em>GlobalBlock<\/em><em>\u00a0<\/em><\/p>\n<p>The crypto market cap fell back below $1 trillion over the weekend, after the Jackson Hole symposium where Federal Reserve chairman Powell reaffirmed the hawkish stance of the U.S. central bank.<\/p>\n<p>Meanwhile, the Securities and Exchange Commission has delayed yet another decision on VanEck&#8217;s latest bid to launch a spot Bitcoin exchange-traded fund (ETF). VanEck was previously denied a spot Bitcoin ETF in November last year. The date which the SEC will make their decision has been changed from August 27th to October 11th, which coincides with when many predict the Ethereum Merge will occur. If the application gets approved and we do actually see the Ethereum Merge come to fruition, this could lead to renewed interest in the crypto market, at a time when retail sentiment is at yearly lows.<\/p>\n<p>Despite retail interest and liquidity in the crypto market being low, Bitcoin whales may have started to accumulate again. Data from Coinmetrics shows that the 30-day change in Bitcoin held by Bitcoin whales (addresses with 1k-10k Bitcoin) has turned from negative to positive in the past week or so. Bitcoin whales could be deciding that $20,000 is a great deal with a long-term outlook.<\/p>\n<p>Source: <a href=\"https:\/\/www.the-blockchain.com\/2022\/08\/30\/have-bitcoin-whales-started-buying-again\/#comment-8576\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Marcus Sotiriou, Analyst\u00a0at the\u00a0publicly listed digital<\/p>\n","protected":false},"author":3,"featured_media":162900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Have Bitcoin Whales Started Buying Again? - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Have Bitcoin Whales Started Buying Again? - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"By Marcus Sotiriou, Analyst\u00a0at the\u00a0publicly listed digital\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-30T15:39:09+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/08\/Have-Bitcoin-Whales-Started-Buying-Again.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/\",\"name\":\"Have Bitcoin Whales Started Buying Again? - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2022-08-30T15:39:09+00:00\",\"dateModified\":\"2022-08-30T15:39:09+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto\",\"item\":\"https:\/\/precoinnews.com\/category\/crypto\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Have Bitcoin Whales Started Buying Again?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Have Bitcoin Whales Started Buying Again? - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/","og_locale":"en_US","og_type":"article","og_title":"Have Bitcoin Whales Started Buying Again? - Pre Coin News","og_description":"By Marcus Sotiriou, Analyst\u00a0at the\u00a0publicly listed digital","og_url":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/","og_site_name":"Pre Coin News","article_published_time":"2022-08-30T15:39:09+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/08\/Have-Bitcoin-Whales-Started-Buying-Again.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/","url":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/","name":"Have Bitcoin Whales Started Buying Again? - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2022-08-30T15:39:09+00:00","dateModified":"2022-08-30T15:39:09+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/crypto\/have-bitcoin-whales-started-buying-again\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Crypto","item":"https:\/\/precoinnews.com\/category\/crypto\/"},{"@type":"ListItem","position":3,"name":"Have Bitcoin Whales Started Buying Again?"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/162901"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=162901"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/162901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/162900"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=162901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=162901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=162901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}