{"id":264154,"date":"2024-03-13T16:32:26","date_gmt":"2024-03-13T11:02:26","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=264154"},"modified":"2024-03-13T16:32:26","modified_gmt":"2024-03-13T11:02:26","slug":"smart-whale-nabs-colossal-profits-as-btc-tops-73k-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/smart-whale-nabs-colossal-profits-as-btc-tops-73k-crypto-news\/","title":{"rendered":"Smart Whale Nabs Colossal Profits As BTC Tops $73K – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

In what comes as a remarkable breakthrough for the world\u2019s first-ever digital currency, Bitcoin, the token recently topped the $73K mark today, March 13, scaling a new ATH (All-Time-High) as of press time. With a pre-halving bullish sentiment prevailing within the broader crypto market for BTC, this pump sparked immense curiosity as on-chain insights unveiled by a tracker showcased a smart whale nabbing over $200 million in profit just prior to the abovementioned toping of the $73K mark.<\/p>\n

This birthed immense bullishness among crypto market traders and investors globally as BTC continues to scale new heights amid the approaching Bitcoin halving.<\/a> With sentiments of a crypto market bull run existing, derivatives data further hinted at an uptrend for BTC, fueling up the optimism birthed with the smart whale\u2019s garnering of significant profits with BTC selloff.<\/p>\n

<\/p>\n

Smart Whale\u2019s Selloff: A Closer Look<\/h2>\n

According to the insights unveiled by the tracker Lookonchain, as the BTC price neared the $73K mark today, the smart whale going by the address bc1pj\u2026 deposited 100 BTC to Binance, one of the world\u2019s leading exchanges, to garner profits. The address amassed a profit totaling $217 million with the aforementioned selloff, nabbing significant attention among crypto market investors. Whereas, this whale accumulated BTC as of August last year, and following the selloff, the address still held 4.3K NTC, worth $313 million.<\/p>\n

This sparked optimism among traders and investors over Bitcoin\u2019s potential to offer income to investors over time. Meanwhile, with the recent inception of the BTC ETFs further weighing in, Bitcoin continued making waves across the crypto horizon.<\/p>\n

<\/p>\n

Also Read: XRP Price To Hit $2 By May Before Reaching ATH, Pro-XRP Lawyer Predicts<\/a><\/strong><\/p>\n

<\/p>\n

Bitcoin Price Jumps<\/h2>\n

As of writing, Bitcoin\u2019s price<\/a> noted an uptick of 2.19% over the past 24 hours and is currently trading at $73,260. As the token scaled a new ATH today, its market cap and 24-hour trading volume surged 2.16% and 16.66%, respectively.<\/p>\n

<\/p>\n

Coinglass<\/a>\u2018 data showcased a substantial spike in the token\u2019s open interest and volume, jumping 2.89% and 28.82%. This added on to the bullishness painted by BTC, signaling an uptrend in the market when aligned with today\u2019s price upswing. The OI-weighted funding rate bumping again, reaching $0.0635%, further underscored investors\u2019 readiness to invest more in BTC long positions, birthing bullishness on the token. However, crypto market enthusiasts extensively eye the token for future price action shifts as RSI pointed out an overbought condition, illustrating a consolidatory phase might be imminent.<\/p>\n

Also Read: Binance Announces Removal Of BNB & TUSD Spot Trading Pairs, What\u2019s Happening<\/a><\/strong><\/p>\n

<\/p>\n

\n
\n

\u2713 Share:<\/p>\n

<\/a><\/p>\n

\n <\/p>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n
\n
\n

<\/p>\n

\"\"<\/div>\n
Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n

\n
\n

<\/p>\n

\"\"<\/div>\n
Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n

<\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p>\n

\n
\n
\n
\n
\n<!–<\/p>\n
<\/div>\n

–><\/p>\n

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

\n \"\"\"\" <\/div>\n<\/p><\/div>\n<\/p><\/div>\n
\n

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

<!– <\/p>\n

\n
\n Crypto Stories<\/span><\/p>\n

View all<\/a>\n <\/div>\n

\n
\n
\n
\n <\/p>\n
\"What's<\/div>\n
What\u2019s included in Pepe Coin\u2019s plans? <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"6<\/div>\n
6 Reasons why choose Solana over Ethereum? <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n
\n
\n <\/p>\n
\"How<\/div>\n
How Much Will Shiba Inu Cost in April 2024? <\/div>\n

<\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

In what comes as a remarkable breakthrough for the world\u2019s first-ever digital currency, Bitcoin, the token recently topped the $73K mark today, March 13, scaling a new ATH (All-Time-High) as of press time. With a pre-halving bullish sentiment prevailing within the broader crypto market for BTC, this pump sparked immense curiosity as on-chain insights unveiled […]<\/p>\n","protected":false},"author":2,"featured_media":260707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-264154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=264154"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264154\/revisions"}],"predecessor-version":[{"id":264156,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/264154\/revisions\/264156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/260707"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=264154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=264154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=264154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}