Last week, digital asset investment products experienced significant inflows totaling $2 billion, pushing the cumulative inflows over the past five weeks to $4.3 billion. Bitcoin led this influx with a substantial $1.97 billion, while Ethereum saw its largest weekly inflow since March, totaling $69 million. Last week, digital asset investment […]
Tag: crypto
Whale Loses $283K In ENA Token Trade, Highlighting Risky Timing In Crypto Investments
A notable cryptocurrency whale recently experienced a significant loss trading ENA tokens. Six days ago, just before the price of ENA rose above $1, the whale invested 1.6 million USDC to acquire 1.62 million ENA tokens. However, the market turned against them. With the price dropping 23% over the past […]
Litecoin Dips Below Key Support Level, Potential For Brief Price Spike Amid Downtrend
Litecoin (LTC) experienced a sharp decline, tumbling 11% on Friday and closing with a 4% loss, dipping below the crucial $83 support level. Despite this downturn, there may be a brief spike in price within the overall downtrend, potentially correcting to the $83 range. 📉 #Litecoin tumbled 11% on Friday, […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 10) –ETH Eyeing $3,600 As The Next Crackdown Level, Can It Hold?Â
Ethereum’s ETH outlook remains bullish on the daily chart despite posting notable losses in the past week. However, it is currently on the verge of losing a key support level to retest a recently broken resistance line. The past month saw Ethereum through a sudden surge through the $3k level […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 10) – BTC Stays Calm Under $70k To Negotiate Next Major Move, Where?
Following the recent shakeout in the global market, Bitcoin BTC lost a key psychological level and closed at a loss last week. It is still weak on the day, looking for solid ground to resume its bullish trajectory.  Last Friday came with a big shockwave in the entire crypto […]
POLKADOT PRICE ANALYSIS & PREDICTION (June 10) – DOT May Break Lower If This Crucial Support Fails To Hold
Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is […]
ARBITRUM PRICE ANALYSIS & PREDICTION (June 10) – ARB Bounces Off $0.9 In The Latest Dip, Can It Hold As Solid Support?
The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a […]
Whale Takes Hit As ENA Position Shifts Amid Market Downturn
A significant player in the crypto market recently made waves by opening a sizable position in $ENA, acquiring 5.11 million tokens at an average price of $0.9804 just three days ago. However, in a surprising move, this whale or institution swiftly recharged all tokens to Binance a mere eight hours […]
Friend Tech Sees Sharp Decline Despite Daily Gain, Major Investor Faces Losses
Despite a 10% increase in value today, Friend Tech has faced a significant decline over the past month, dropping 57% in the last 30 days and 21% in the past week. On-chain reports from data tracking platform Lookonchain reveal that prominent investor Machi Big Brother (@machibigbrother) has been actively purchasing […]
Top Holders And Sniper Profits Highlight The Volatility And Opportunity In $RCH Market
The top five holders of $RCH collectively possess 2.387 million tokens, valued at $7.71 million, accounting for 9.55% of the total supply. These holders have an average buying price of $0.88 per token, translating to an impressive unrealized profit of $5.6 million. The top 5 holders of $RCH hold a […]
Ethereum Dips Below $3700 As Major Whale Activity Sparks Profit-Taking Concerns
Yesterday, Ethereum, the second-largest cryptocurrency by market capitalization, saw its value decline by 3%, dropping below the $3700 mark. A significant move by a whale, who accumulated a substantial position in Ethereum seven months ago, is suspected to be a major factor. This whale recently deposited 7,916 ETH into the […]
Bitcoin Long-Term Holders See Minimal Losses Amid Strong Support And Positive ETF Inflows
Bitcoin’s long-term holders (LTH) are seeing negligible losses, with only 4,900 BTC, or a mere 0.03% of the total LTH supply, acquired above the current spot price. This minimal loss highlights the small number of holders who bought at the peak of the 2021 cycle and have held their positions […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 8) – LTC Signals Bearish Amid Latest Dip, Breaks Down From a Wedge
As expected last week, Litecoin initiated a surge yesterday and dropped below a wedge pattern, confirming a bearish pennant breakdown on the daily chart. it appeared weak and now follows a bearish sentiment. The last two months of trading have been an interesting period for LTC as it regained momentum […]
Solana Memecoin $BEER Soars 195% In A Week Amidst Whale Activity
Solana’s memecoin $BEER has experienced a remarkable surge, gaining 195% over the past seven days and pushing its market cap above $250 million. On-chain reports from Lookonchain attribute this meteoric rise to the aggressive buying behavior of a significant whale. This whale has spent 31,052 SOL ($5.2 million) to accumulate […]
SingularityNET Multisign Unloads $3.63M In AGIX Ahead Of Major AI Token Merger
In a notable move, the multisignature wallet 0x1f9, associated with SingularityNET, transferred 4 million AGIX tokens, worth $3.63 million, to Binance within the past 24 hours. These tokens were funneled through multiple intermediary wallets before reaching the exchange. Interestingly, this multisignature wallet had received these AGIX tokens from SingularityNET’s Treasury […]
Bitcoin vs. Ethereum: Wallets Tell A Different Story Amid Market Movements
While Bitcoin’s market cap of $1.41 trillion significantly outpaces Ethereum’s $458.91 billion by a factor of 3.1, a closer look at wallet data reveals an intriguing narrative. Ethereum’s decentralized finance (DeFi) ecosystem, staking activities, and smaller average wallet sizes contribute to a higher number of unique holders. Specifically, Ethereum boasts […]
SOLANA PRICE ANALYSIS & PREDICTION (June 6) – Sol Looks Set For A Massive Rally But Can It Surpass This Resistance?
Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level.  Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered […]
Binance Coin (BNB) Surges Over 6%, Hits All-Time High Amid Network Growth
Binance Coin (BNB), the native currency of Binance Chain, experienced a significant surge in value, increasing over 6% within 24 hours to reach an all-time high of $712. This remarkable growth aligns with the expanding activities on the BNB network, particularly through the Binance Launchpool and Launchpad platforms. 🚨BREAKING NEWS […]