Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
One of the largest Bitcoin (BTC) whales appears to be making the most out of the recent market crash. Reports show that the third-largest BTC wallet added close to 500 BTC to its holding.
The anonymous wallet purchased 490 BTC when the cryptocurrency traded at $46,800 with a transaction value of $23 million.
Whale activity tracking platform, WhaleAlert, reported that the transaction occurred in the early hours of September 8 and that it emanated from US-based crypto exchange Coinbase. Currently, this anonymous whale wallet holds 4,000 BTC more than during the Bitcoin peak in May, bringing its worth to $5 billion.
Meanwhile, reports show that this whale wallet acquired coins on August 27 in two separate purchases. One of the transactions included the purchase of 466 BTC at $47,400, while the other was a modest 38 coins, bringing the total acquisition to $23 million at today’s price. Also, these purchases emanated from Coinbase.
The whale purchase came a day after a massive crash in the crypto market, which—not surprisingly—occurred on the same day El Salvador officially recognized Bitcoin as a legal tender. The entire crypto market lost close to $400 billion in value, making it one of the worst sell-offs since late May.
Key Bitcoin Levels to Watch — September 9
Bitcoin has fallen into a sideways trading pattern between $46,800 and $45,500 over the past 48 hours, following the crash from the $52,500 area. That said, we could see a rebound from the current price levels as the broader market recovers from the recent onslaught.
To kickstart a recovery, BTC needs to register footing above the 200 SMA at $47,550 area. Failure to do that could trigger another round of decline towards the $43,000 low.
Meanwhile, our resistance levels are at $48,000, $49,500, and $50,000, and our key support levels are at $46,000, $45,000, and $44,000.
Total Market Capitalization: $2.14 trillion
Bitcoin Market Capitalization: $883.1 billion
Bitcoin Dominance: 41.2%
Market Rank: #1
- Min Deposit
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- The Lowest Trading Costs
- 50% Welcome Bonus
- Award-winning 24 Hour Support
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus