Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

09/08/2025

Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

09/08/2025

Monster week for crypto treasury firms with $8B buying blitz

09/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    ETH Going to $16K in This Cycle? Analyst Explains Why This Could happen

    09/08/2025

    Limited pressure from unrealized profits spark talk of sustained ETH rally

    09/08/2025

    ETH Eyes Break Above $4K, But a Few Hurdles Remain

    09/08/2025

    ETH ticks up as whales buy, exchange reserves hit 9-year low

    09/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    09/08/2025

    DeFi soars with tokenized stocks, but user activity shifts to NFTs: Report

    09/08/2025

    NFT market rebounds in July, surpassing DeFi in user activity

    08/08/2025

    La Poste launches a new collection of NFT stamps

    07/08/2025

    Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

    09/08/2025

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    09/08/2025

    Monster week for crypto treasury firms with $8B buying blitz

    09/08/2025

    Dubai and UAE move to align crypto frameworks under new partnership

    09/08/2025
  • Blockchain

    Stability World AI Partners with SentrAI to Transform the Future of Tokenized AI Personas

    08/08/2025

    Base blames faulty sequencer for 33-minute outage, fixes made

    08/08/2025

    Switchboard launches Surge, Solana’s fastest oracle yet

    08/08/2025

    Walrus Integrates Pipe Network to Cut Latency and Enhance Bandwidth Across Chains

    08/08/2025

    Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital

    08/08/2025
  • DeFi

    Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

    09/08/2025

    Ethena USDe Tops $5.7B, Ranks Third in Synthetic Dollars

    09/08/2025

    DeFi lending starts with stablecoins, and the GENIUS Act makes them stronger

    09/08/2025

    Hyperliquid tops $319B July volume, a record for any DeFi perp DEX

    08/08/2025

    WLFI gears up to launch its USD1 stablecoin rewards program, here’s how to earn points

    08/08/2025
  • Metaverse

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025
  • Regulation

    Monster week for crypto treasury firms with $8B buying blitz

    09/08/2025

    Galaxy Digital Warns Crypto Treasury Firms Create ‘Structurally Fragile’ Market

    09/08/2025

    Devastating PEPE Trading Losses: James Wynn’s $1M Setback

    09/08/2025

    A Deep Dive into Machi Big Brother’s $11.9M Unrealized Drawdown

    09/08/2025

    Nasdaq-Listed Cemtrex Unleashes Bold $10M Plan

    09/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Upbit and Bithumb Soar While Coinone Sells Assets

    09/08/2025

    Coinbase dYdX Support Unlocks Massive Opportunities on Native Network

    09/08/2025

    Coinbase to levy 0.1% fee for USDC to US dollar swaps over $5M

    09/08/2025

    KuCoin TR Submits SPK License Application Amid Türkiye’s Crypto Regulation Drive

    09/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    CodexField and Salvo Unite to Tokenize Game Code

    07/08/2025

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    06/08/2025

    VitaminAi and WildGo Partner to Unveil Web3 Pinball Game

    06/08/2025

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    05/08/2025

    Canaan Exits Kazakhstan and South Texas Sites Amid Bitcoin Mining Fleet Reshuffle

    09/08/2025

    Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory

    09/08/2025

    Q2 Results Reveal Strategic Shifts

    09/08/2025

    Jack Dorsey’s Block set to release new Bitcoin mining chips next week

    09/08/2025

    Dubai and UAE move to align crypto frameworks under new partnership

    09/08/2025

    Hong Kong’s stablecoin KYC rules leaves industry observers concerned

    09/08/2025

    India Chases Crypto Tax Evaders With Over 44,000 Warning Notices

    09/08/2025

    BestChange restrictions lifted as popular crypto exchange aggregator returns to Russia

    09/08/2025

    Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

    09/08/2025

    Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

    09/08/2025

    Monster week for crypto treasury firms with $8B buying blitz

    09/08/2025

    Dubai and UAE move to align crypto frameworks under new partnership

    09/08/2025
  • MarketCap
NBTC News
Home»Bitcoin»Bitcoin Whales Trigger Selling Pressure in the Market
Bitcoin

Bitcoin Whales Trigger Selling Pressure in the Market

NBTCBy NBTC29/04/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Price fluctuations are prevalent in the world of Bitcoin. Indeed, one of the most common patterns in cryptos is seeing prices fall and then bounce back up. Liquidity cleansing is a phenomenon that exists not only in Bitcoin but in most financial markets as well. It usually begins when Bitcoin’s large holders, also known as whales, begin transferring most of their Bitcoin to exchanges. This transfer of money is actually called selling pressure.

Detecting Selling Pressure in #Bitcoin with CDD Data and Its Impact on Prices

“Without breaking this pressure, new uptrends won’t emerge. The last high CDD data in the spot markets was on April 24th.” – By @theKriptolik

Full post 👇https://t.co/bVDCOGxST3

— CryptoQuant.com (@cryptoquant_com) April 29, 2024

Long-Held Bitcoin Movement Signals Selling Pressure

When a substantial amount of Bitcoin is being sold in the market, it is referred to as selling pressure. Selling pressure causes prices to be temporarily suppressed from moving upwards and can even cause them to fall slightly. The movement of long-held Bitcoins by investors is usually a market signal that some investors are trying to cash out, contributing to selling pressure.

CDD data is one method of measuring selling pressure activity in the Bitcoin market. Coin days destroyed data relates to Bitcoin that has been held for an extended period and is withdrawn from storage. When long-held coins are withdrawn, this typically indicates that there is some form of selling pressure in the environment.

Increased Selling Pressure on April 24th Impacts Bitcoin Prices

Examining the activity on April 24th as shown in the CDD image by CryptoQuant, one will notice a large spike of coins days destroyed. In other words, a considerable amount of Bitcoin was withdrawn from storage on April 24th, contributing greatly to selling pressure. When selling pressure increases, prices are less likely to go up because it puts too much pressure on prices.

Ultimately, to see prices start going up again, selling pressure must decrease. As a result, this puts less pressure on price movements and makes it much easier for prices to surge, perhaps signaling the start of a new upward trend.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Pharos Network Integrates Morpho Lending Infrastructure for RWA Market

09/08/2025

Nyan Cat Creator Calls Meme Coins ‘Wild West’, Claims $700K in Fees—But Denies Endorsement

09/08/2025

Monster week for crypto treasury firms with $8B buying blitz

09/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.