Another major investor in ENA has capitulated, selling at a considerable loss. The investor, identified by the wallet address 0x2Ea…4adEE, initially increased his position from $1.41 to $0.70 as prices fell. He then opened a significant position of 10.99 million ENA, worth $11.12 million, at an average price of $1.01. […]
Crypto
Bitcoin Whales Snap Up $436M In BTC Amid Market Volatility
On June 24th, Bitcoin whales demonstrated their influence by accumulating a staggering $436 million worth of BTC. According to data from @intotheblock, holders who control at least 0.1% of the total Bitcoin supply increased their holdings by 7,130 BTC in a single day as Bitcoin’s price briefly dipped below $60,000. […]
Bitcoin’s Largest Wallets See Major Inflows Amid Market Uncertainty
Despite the prevailing market fear, uncertainty, and doubt (FUD), Bitcoin’s largest wallets have experienced a significant net inflow, marking the highest level since late May. Yesterday alone, holders controlling at least 0.1% of the total BTC supply added 7,130 BTC, valued at approximately $436 million, to their wallets. Despite market […]
Avalanche ($AVAX) Price Decline Leaves Over Half Of Holders At A Loss
Avalanche ($AVAX), which reached a yearly high of approximately $64 in March 2024, has experienced a significant price decline, falling 61% to its current trading price of $25. This downturn has affected a large portion of AVAX investors. Data from @Intotheblock reveals that 4.37 million addresses, representing 52% of all […]
Shiba Inu ($SHIB) At A Pivotal Point Amid Surge In Transaction Volumes
Shiba Inu ($SHIB) finds itself at a critical juncture as transaction volumes spike significantly. On June 24, 2024, the volume of $SHIB transacted reached 7.56 trillion, marking a staggering 370% increase from the previous day’s 1.57 trillion $SHIB. This surge in activity highlights growing interest and movement within the $SHIB […]
Dogwifhat ($WIF) Maintains Stability Above $2 Mark As Largest Holder Increases Stake
Dogwifhat ($WIF) has successfully maintained a trading price above the $2 mark today. According to recent on-chain reports, the largest holder of $WIF has made significant moves to increase their holdings. Eight hours ago, this whale spent 4.65 million $USDC to purchase 2.3 million $WIF at a price of $2.03 […]
$PEPE Makes A Strong Comeback With $1B Trading Volume Amid Market Downturn
Today, $PEPE has reestablished itself as the leading meme coin, boasting a trading volume of $1 billion despite not being listed on Coinbase. This resurgence has seen $PEPE increase by 12%, a notable feat given the broader market downturn. Today, $PEPE has returned to a trading volume of $1B Even […]
AI Crypto Tokens Surge Despite Nvidia Stock Drop: $FET, $AGIX, And $INJ Lead The Pack
AI-related cryptocurrency tokens such as Fetch.ai ($FET), SingularityNET ($AGIX), and Injective ($INJ) have performed exceptionally well over the past day, despite a notable 6.6% drop in Nvidia’s stock. Nvidia, a leader in AI technology, experienced an 11.08% decline over the past five days due to concerns about executive stock sales. […]
Bitcoin’s MVRV Ratio Signals Potential Rebound Amid Market Uncertainty
Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, each time triggering significant price jumps of 63%, 100%, 92%, and 28%. With Bitcoin currently priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip. Since February […]
Whales Make Significant Deposits Of $SHIB And $PEPE Amid Market Decline
Amidst a market decline over the previous day, two major whales have made significant deposits of Shiba Inu ($SHIB) and Pepe ($PEPE) tokens to Binance, raising questions about their market outlook on Ethereum-based memecoins. Whale 0x42a deposited 1.088 trillion $SHIB, valued at approximately $18.12 million, around 14 hours ago. This […]
Tether To Halt USDT Support On EOS and Algorand, Shifting Focus To Community-Driven Blockchain Support
Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy. Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will […]
$POPCAT Surges 60% Amid Market Turbulence, Emerges As Top Cat-Themed Meme Coin On Solana
Despite a turbulent market, $POPCAT has demonstrated remarkable resilience and strength. 🚨 TOP 10 #Crypto gainers In The Last 24hours (among top 500) 🔥 🚀#POPCAT 60.22% #MOG 50.13% #NOS 36.65% #DORA 29.21% #SHDW 26.87% #APU 25.01% #WIF 23.37% #TRUMP 21.97% #AGIX 21.57% #LISTA 21.23% Source: #CoinMarketCap pic.twitter.com/urfIAAfsoI — CoinEcho (@mycoinecho) […]
Bitcoin Price Plummets 16% Amid Market Turmoil And Mt. Gox Repayment News
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
Digital Asset Outflows Reach $584M, Yet Smart Traders Accumulate ETH Amid Dip
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
Bitcoin And Altcoins Suffer As Market Sentiment Turns Gloomy
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
Dogwifhat ($WIF) Defies Bearish Market As Whale Suffers Major Losses
While most cryptocurrencies are experiencing a severe bearish trend at the beginning of the last week of June, Solana’s largest memecoin, Dogwifhat ($WIF), has bucked the trend with a slight bullish uptick, rising by 3% today. However, despite $WIF’s modest gains, a significant whale in the market has suffered substantial […]
Floki Trading Bot Set To Disrupt Market With Innovative Buy And Burn Model
Tomorrow, June 25, 2024, marks the launch of the Floki Trading Bot (open beta) on the mainnet, poised to transform the trading bot landscape. This new bot could buy and burn up to $5 million worth of $FLOKI monthly, potentially ensuring stronger demand for $FLOKI compared to its competitors like […]
Bitcoin Faces Supply Pressure And Miner Sell-Off As Trading Week Ends
As the trading week comes to a close, Bitcoin is hovering in the $63,000 to $64,000 range. A significant supply barrier has formed, with approximately 5.45 million addresses having acquired 3.03 million BTC between $64,300 and $70,800. This concentration of holdings at higher prices poses a risk of a steep […]