The $AAVE lending platform remains the leading protocol where borrowers and lenders can create a money market without intermediaries or custodians. Remarkably, $AAVE has been in an accumulation zone for 777 days, marking the longest accumulation period for any fundamentally strong cryptocurrency, underscoring its robust support. The Sleeping Giant is […]
Tag: cryptocurrency
LayerZero Surges by 45% as Smart Wallets Hold Strong Positions
LayerZero ($ZRO) has seen a remarkable 45% increase over the past two days, driven by savvy investors who caught the dip on June 29. The team has identified two smart wallets on different chains that hold significant positions in $ZRO and have not sold yet. On the Ethereum chain, Wallet […]
ONDO Investors See Profits As Token Continues Upward Trend
According to On-Chain Data from IntoTheBlock, 73% of ONDO investors are currently in profit. The past week has seen transactions worth over $100,000 reach a cumulative total of $340.92 million, indicating a positive trend. Eastern investors, in particular, dominate ONDO’s transaction volume, accounting for 54%. A closer look at the […]
GSR Actively Engages With OM Token As Prices Surge
Over the past week, GSR has been actively depositing OM tokens to centralized exchanges. One hour ago, the wallet 0xd39df deposited 2 million OM, worth approximately $1.57 million, to Binance. This wallet, created within the last three weeks, has received over 33.5 million OM, valued at around $22.21 million, from four […]
ETHEREUM PRICE ANALYSIS & PREDICTION (July 1) – ETH Recovers Slowly But Can This Lower Timeframe Breakout Activate Bullish?
Bouncing off a key price area into a brief consolidation phase last week, Ethereum suspended bearish actions and increased above $3,500 earlier today. Despite retracing slightly, it is still up 4% on the weekly scale. A week ago, Ethereum tested the $3,240 level after witnessing several crackdowns for a month. […]
MANTRA PRICE ANALYSIS & PREDICTION (June 30) – OM Slowly Regains Strength, Is $1 The Next Buying Target?
Mantra OM registered a notable loss during a recent price breakdown but has slightly regained strength following a double-digit gain in the past 24 hours. It currently faces up and looks poise for an increase. The $0.6 range has become a strong threshold for the bears in the past months […]
Curve Founder Michael Egorov Engages In Major OTC Deal Amid CRV Price Drop
Michael Egorov, the founder of Curve, has reportedly transferred another 3.75 million CRV tokens, worth $1.04 million, to christian2022.eth (@Christianeth) in what is believed to be an over-the-counter (OTC) deal. Did Michael Egorov (@newmichwill) and christian2022.eth (@Christianeth) close another 3.75M $CRV OTC deal after the recent 5% price drop? Note […]
Ethena Faces Sharp Decline As Major Investor Prepares To Exit
Ethena ($ENA) has seen a steep decline, trading at $0.50, which marks a significant drop from its all-time high of $1.50. In the past 24 hours alone, $ENA has fallen by 8%. A notable investor, identified by wallet address 0xb6c8, has decided to cut his losses, totaling $1.12 million. About […]
Long-Term BTC Holders Reduce Holdings Amid Market Volatility And Increased Retail Activity
Throughout 2024, long-term Bitcoin holders have been steadily reducing their holdings. In May, there was a notable sell-off, with 160,000 BTC (approximately $10 billion) sold. This trend slowed somewhat in June, with 40,000 BTC leaving long-term holders’ wallets. Long-term BTC holders have been reducing their holdings throughout 2024. May saw […]
KASPA PRICE ANALYSIS & PREDICTION (June 29) – KAS Sees 20% Weekly Recovery To The Top, Looks Poise For A Breakup
Posting a notable gain in a week, Kaspa is trading back at the top after scaling through several key resistance levels in the past months. It is on the verge of breaking up again as the buyers gain more control. KAS has shown signs of strength on the macro level […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (June 29) – Matic Reaches A Potential Turning Point After Months Of Loss
Matic’s bearish structure remains intact but is now trading calmly in a demand zone after losing more than half of its value in three months. This could be a turning point for the asset if the bulls act upon the zone. After undergoing a series of reductions in the past […]
Blast_L2 Airdrop Shatters Records With $1.23M In Daily Fees
This week, the Blast_L2 airdrop made a historic impact, breaking records across the board. Daily fees soared to an unprecedented $1.23 million, marking a 2400% increase from the previous day and surpassing the total of $1.05 million from the entire past week. This spike in activity represents 7% of all […]
Bitcoin Network Sees Lowest Active Address Rate Since 2010 Amid Large BTC Movements
The Bitcoin network is experiencing a significant downturn in active addresses, with recent data showing a sharp decline. According to @intotheblock, the proportion of weekly active addresses has plummeted to 1.22%, a figure not seen since November 2010. This decline is further highlighted by the total number of active wallets, […]
AKASH NETWORK PRICE ANALYSIS & PREDICTION (June 28) – AKT Reclaims $3 Following A 25% Weekly Gain, Will It Hold?
Amid recent market recovery, Akash’s AKT landscape has briefly changed to bullish following an impressive gain since yesterday. While the market sentiment remains bearish, we may see a continuation of the supply level increases. During the last leg down, AKT lost the vital $3 level following a steady meltdown since […]
POLKADOT PRICE ANALYSIS & PREDICTION (June 28) – DOT Post 10% Gain But Faces Resistance After A Short Bounce
Amid a recent bloodbath, Polkadot DOT found a solid ground level and climbed back above the lost $6 level. It is currently facing a key resistance line on the daily chart. A break above this resistance should signal a buy. Last week saw Polkadot through an extension of a correction […]
Major ENA Investor Sells At Significant Loss Amid Market Downturn
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. […]
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. […]
ARBITRUM PRICE ANALYSIS & PREDICTION (June 27) – ARB Settles Above $0.7, Is It Negotiating the Next Dip?
Following serious sell-offs in the past months, Arbitrum ARB looks extremely oversold on a daily scale with no signs of recovery. However, it has found temporal support above $0.7 but is yet to signal a buy. Three weeks ago, ARB lost the key $1 level after witnessing a lot of […]