The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made […]
Tag: altcoin
1inch Network Sees 5% Decline Amidst Ongoing Market Volatility
The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 29) – ETH Encounters Resistance After Days Of Recovery, Signals Sell
After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]
Pendle Sees Minor Decline As Smart Trader Makes Strategic Move
Today, the value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4. Despite this dip, recent on-chain data from Lookonchain has unveiled an intriguing development involving a savvy trader’s strategic deposit into Binance. According to Lookonchain, this astute trader made a significant […]
Whales Accumulate $SAFE Tokens Despite Recent Price Decline
The cryptocurrency $SAFE has experienced a significant decline in its price, with a decrease of over 12% in the past 24 hours and 40% over the past 7 days. From its all-time high of $4.014, the token has seen a notable downturn, currently trading at $2.2. This decline coincided with […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 26) – Avax Initiates Fresh Weekly Drop: Can It Find Support Again?
After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week. Last week marked a moment of relief for the bulls as Matic took a short break […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (April 26) – Matic Tests This Wedge’s Lower Boundary, Is Rebound Possible?
While some top coins have recovered nicely alongside Bitcoin, Matic still finds it difficult to regain strength as it trades at around wedge’s support. The price is weak as it enters an oversold area on the daily chart. The FUD (Fear Uncertainty and Doubt) surrounding the crypto market lately has […]
Whales Continue To Accumulate ETH Despite Market Volatility
Recent data from Spotonchain indicates that whales are continuing to accumulate Ethereum (ETH), despite the recent market turbulence. In the past 24 hours, one prominent whale, identified as 0x435, withdrew a substantial amount of 7,128 ETH ($22.2 million) from Binance at a price of $3,111. Interestingly, despite the market downturn […]
Bitcoin Halving Aftermath: Analyzing Market Sentiment And Predictions
The aftermath of the April 19th Bitcoin halving has sparked varied narratives within the cryptocurrency community. While historical price data post-halving events tends to lean bullish, the trajectory of Bitcoin’s climb to $75K, $100K, and beyond hinges on several factors, including whale and shark behavior, the circulation of dormant coins, […]
Safe Protocol Secures $100 Million Funding, Welcomes Market Makers For $SAFE Token
Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]
EZETH Token Experiences Depegging, Whale Seizes Opportunity For Profit
The Liquid Restaking Token, EZETH, has undergone a significant depegging event, plummeting from a peak of $3,279 to a low of $2,480 within the span of 24 hours. This sudden price movement has caught the attention of crypto enthusiasts and investors alike. A notable whale identified as 0xaa1, linked to […]
HEDERA PRICE ANALYSIS & PREDICTION (April 24) – Hbar Explodes 100% Daily To Reach A New Milestone, Faces Rejection
Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase. Coming from a major correction phase, Hbar found solid ground […]
Altcoin Markets Surge As Bitcoin Rebounds: Analysis Of Top Tokens
As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]
POLKADOT PRICE ANALYSIS & PREDICTION (April 23) – DOT Reaches Key Resistance Line After A Week Recovery, Will It Break?
Polkadot DOT has recovered nicely from its monthly low but is currently weak due to a small decrease in the global market cap. However, more growth is expected if the buyers continue to show interest. The past few days have been a sigh of relief in the crypto space as […]
ARBITRUM PRICE ANALYSIS & PREDICTION (April 23) – ARB Faces Crucial Supply Zone Following A Short Bounce, Can It Overcome?
Two weeks ago, Arbitrum ARB climbed back above a key psychological level after dipping near the bottom during the last correction. It is currently in the middle of consolidation, gathering volatility for the next major move. Looking back from where the price started to drop in January, ARB went through […]
Ethereum Rebounds Above $3000 As Whales Accumulate
Ethereum has shown signs of recovery, surpassing the $3000 mark and currently trading at $3,200, after experiencing a dip below $2,900 in the past week. On-chain reports indicate that whales are actively accumulating ETH, contributing to the token’s recent uptick. According to Lookonchain data, there are indications that Justin Sun, […]
Memecoins $BODEN, $WIF, And $PUPs Surge As Whales Accumulate
Today, the memecoins $BODEN, $WIF, and $PUPs have witnessed significant bullish price movements, with gains of 20%, 13%, and 17% respectively. These price surges suggest increased accumulation by whales within the cryptocurrency market. Data from Lookonchain reveals that a notable whale activity occurred, with a whale purchasing 1.8 million $BODEN […]
Polygon’s MATIC Sees Decline As Amber Group Recharges Tokens On Binance
Polygon’s native token, MATIC, has experienced a significant downturn this week, shedding approximately 23% of its value and currently trading at $0.677. In the midst of this market decline, Amber Group, a prominent player in the crypto space, made a notable move by recharging 12.75 million MATIC tokens to Binance, […]