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

Bulls Eye $4,550 as Support Holds Steady at $4,300

30/08/2025

112 crypto companies urge Senate to protect developers in market structure bill

30/08/2025

280,000,000 Users, Binance Hits Major Adoption Milestone

30/08/2025
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

    Bulls Eye $4,550 as Support Holds Steady at $4,300

    30/08/2025

    ETH Market Faces $5 Billion Liquidation Wall Ahead of Key Macro Week

    30/08/2025

    “ETH Price May Return to This Range!”

    30/08/2025

    After a 10% Slide, Where Is Ethereum Headed?

    30/08/2025

    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

    PENGU token loses 20% in August amid Pudgy Party game launch

    30/08/2025

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    27/08/2025

    Blue chip NFTs sink double digits as ETH retreats from record highs

    26/08/2025

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    26/08/2025

    Bulls Eye $4,550 as Support Holds Steady at $4,300

    30/08/2025

    112 crypto companies urge Senate to protect developers in market structure bill

    30/08/2025

    280,000,000 Users, Binance Hits Major Adoption Milestone

    30/08/2025

    ETH Market Faces $5 Billion Liquidation Wall Ahead of Key Macro Week

    30/08/2025
  • Blockchain

    MetaMask Guide: The Gateway to Web3

    29/08/2025

    Zoro Partners with Fireverse Ventures to Redefine AI-Powered Music in Web3

    29/08/2025

    Concordium Partners with Safle Wallet to Grow PayFi Ecosystem in Web3

    29/08/2025

    SocioAgent Integrates PAI3’s AI Compute Infrastructure to Power Transparent, People-Powered AI Agent Social Network

    29/08/2025

    Blockchain: The missing link in AI’s path to consciousness

    29/08/2025
  • DeFi

    Lygos Aims to Banish Ghosts of Crypto Lending Collapse With Non-Custodial Bitcoin Model

    30/08/2025

    Lombard Finance launches yield-bearing Bitcoin token LBTC on Solana with $1.5B backing

    30/08/2025

    Ethereum’s Real Strength Lies Elsewhere, Says Curve Finance

    30/08/2025

    One year into Sky, adoption lags behind vision

    30/08/2025

    SNAI, PAAL, AIXBT, CGPT, ALPHA, EMP, and Others; Why DeFAI Tokens Trending?  

    29/08/2025
  • Metaverse

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    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
  • Regulation

    Helium eyes a potential path to deflationary tokenomics

    30/08/2025

    Best Crypto Investment Ideas According to CEO of $1.6T Asset Manager Franklin Templeton

    30/08/2025

    Crypto venture funding drops 59% to $1.9 billion in Q2, later-stage deals dominate

    30/08/2025

    Strategy loyalists sell MSTR, say Michael Saylor lied about dilution

    30/08/2025

    Evaluating crypto stocks with more IPOs on deck

    30/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    280,000,000 Users, Binance Hits Major Adoption Milestone

    30/08/2025

    Coinbase Listing Coming Soon for Pi Coin? Community Thinks So

    30/08/2025

    Travel Rule Compliance: Bithumb’s Essential Deepcoin Integration

    30/08/2025

    Bitcoin Exchange Binance Announces Delisting of Three Altcoin Trading Pairs from Spot Trading! Here Are the Details

    30/08/2025

    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

    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

    29/08/2025

    GaFin Joins Cyber Crash to Advance Web3 Gaming

    28/08/2025

    Stability World AI Adds Games to Transform the Future of Web3 Gaming

    28/08/2025

    Buzzy Ethereum Game Football.fun Has Soccer Fans Scoring Crypto Gains

    28/08/2025

    Bitcoin Hashrate Rockets to New Heights, Smashing Through 980 EH/s Barrier

    30/08/2025

    Auto Giant Unveils Impressive 153 BTC Haul

    30/08/2025

    Bitcoin Miner IREN’s AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

    29/08/2025

    Hut 8 Maps ‘Path to Monetization’ of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

    28/08/2025

    112 crypto companies urge Senate to protect developers in market structure bill

    30/08/2025

    Treasury Sanctions Crypto IT Scam Spanning North Korea, Russia, and China

    30/08/2025

    Does Coinbase’s New Hiring Policy Contradict US Federal Law?

    30/08/2025

    US stablecoin law prompts China to accelerate its own plans

    30/08/2025

    Bulls Eye $4,550 as Support Holds Steady at $4,300

    30/08/2025

    112 crypto companies urge Senate to protect developers in market structure bill

    30/08/2025

    280,000,000 Users, Binance Hits Major Adoption Milestone

    30/08/2025

    ETH Market Faces $5 Billion Liquidation Wall Ahead of Key Macro Week

    30/08/2025
  • 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

Bulls Eye $4,550 as Support Holds Steady at $4,300

30/08/2025

112 crypto companies urge Senate to protect developers in market structure bill

30/08/2025

280,000,000 Users, Binance Hits Major Adoption Milestone

30/08/2025
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.