{"id":24034,"date":"2025-05-15T17:28:11","date_gmt":"2025-05-15T14:28:11","guid":{"rendered":"https:\/\/forklog.com\/en\/experts-see-no-immediate-signs-of-bitcoin-whale-sell-off\/"},"modified":"2025-05-15T17:28:11","modified_gmt":"2025-05-15T14:28:11","slug":"experts-see-no-immediate-signs-of-bitcoin-whale-sell-off","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/experts-see-no-immediate-signs-of-bitcoin-whale-sell-off\/","title":{"rendered":"Experts See No Immediate Signs of Bitcoin Whale Sell-Off"},"content":{"rendered":"<p>Currently, the Binary CDD metric has not reached critical levels that historically coincided with the onset of profit-taking waves by long-term investors, as noted by <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68249f1a4b1c6a301c62b769-Binary-CDD-Rising-Time-to-Monitor-Long-Term-Holder-Activity\">CryptoQuant<\/a>.<\/p>\n<p>This indicator tracks the &#8220;holding time&#8221; spent in the market when owners of &#8220;old supply&#8221; engage in large-scale transactions.<\/p>\n<p>If Binary CDD rises amid reaching <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span>, it may indicate a shift of coins from long-term holders to short-term participants.<\/p>\n<p>Currently, the 30 <span data-descr=\"day moving average\" class=\"old_tooltip\">DMA<\/span> of the metric has risen to 0.6, whereas during the last phase of the bull run in 2021 and amid the setting of all-time highs in March and December 2024, the moving average exceeded 0.8.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1561.webp\" alt=\"1-1561\" class=\"wp-image-258788\"\/><figcaption class=\"wp-element-caption\">Data: CryptoQuant.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>What About Options?<\/strong><\/h2>\n<p>On May 16 at 5:00 Kyiv\/Moscow time, options on Bitcoin and Ethereum with a nominal volume of $2.66 billion and $525 million, respectively, will expire on Deribit.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? Options Expiry Alert ?<\/p>\n<p>Tomorrow 08:00 UTC: Over $3.1B in BTC &#038; ETH options expire on Deribit.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>: $2.66B notional | Put\/Call: 0.99 | Max Pain: $100K<br \/> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>: $525M notional | Put\/Call: 1.24 | Max Pain: $2,200<\/p>\n<p>BTC skew is neutral, ETH puts slightly outweigh calls. Price\u2026 <a href=\"https:\/\/t.co\/jBj4C4tMvX\">pic.twitter.com\/jBj4C4tMvX<\/a><\/p>\n<p>\u2014 Deribit (@DeribitOfficial) <a href=\"https:\/\/twitter.com\/DeribitOfficial\/status\/1922923301598527668?ref_src=twsrc%5Etfw\">May 15, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The <span data-descr=\"price at which the maximum number of all options will become worthless\" class=\"old_tooltip\">&#8220;max pain&#8221;<\/span> levels are set at $100,000 and $2,200. <\/p>\n<p>Contracts on digital gold show a balanced situation; for the second-largest cryptocurrency by market cap, there is a slight put option dominance.<\/p>\n<p>Earlier, Bitwise<a href=\"https:\/\/forklog.com\/en\/news\/bitwise-advises-against-solely-betting-on-bitcoin\"> suggested<\/a> not putting everything into Bitcoin and considering other assets as well.<\/p>\n<p>Similarly, Amberdata<a href=\"https:\/\/forklog.com\/en\/news\/derivatives-market-bets-on-solana-reaching-200-by-junes-end\"> recorded<\/a> large call purchases on Solana with a maturity date of June 27 and a strike price of $200.<\/p>\n<p>On May 9, Ethereum quotes momentarily<a href=\"https:\/\/forklog.com\/en\/news\/ethereum-outpaces-bitcoin-in-daily-growth-surge\"> surged by 18.8%<\/a>, reaching levels above $2,300. The driver could have been the <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-activates-major-pectra-upgrade\">activation<\/a> of the <a href=\"https:\/\/forklog.com\/en\/news\/pectra-steering-ethereum-toward-scale-and-mass-adoption\">Pectra<\/a> hard fork.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currently, the Binary CDD metric has not reached critical levels that historically coincided with the onset of profit-taking waves by long-term investors, as noted by CryptoQuant. This indicator tracks the &#8220;holding time&#8221; spent in the market when owners of &#8220;old supply&#8221; engage in large-scale transactions. If Binary CDD rises amid reaching ATH, it may indicate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1205,46,1268],"class_list":["post-24034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-cryptoquant","tag-ethereum","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24034"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24033"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}