Whale activity from wallet 0x099, suspected to be linked to a Starknet developer, has raised concerns as 2.6 million STRK tokens, valued at $2.42 million, were deposited to Wintermute Trading OTC. This wallet, believed to be associated with the Starknet team, received 149.5 million STRK, worth $530 million, from the […]
Tag: cryptocurrency
Blur Sees Continued Bearish Trend As 37.51M BLUR Unlocked And Transferred To Coinbase Prime
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 17) – ETH Resumes Bearishness After A Short Bounce, Is $3,200 The Next Target?
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 17) – BTC Extends Sell-Off After Losing 6% In A Week, Eyeing $60k
Bitcoin’s dominance has not changed much since it lost the $70k level two weeks ago. However, the price is down by 6% weekly following the latest reductions. Its fear and greed index now stands neutrally at 55. Starting this month on a strong note, Bitcoin encountered resistance and halted buying […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 16) – LTC Consolidates After Locating Support, Where Is It Heading Next?
Following a recent breakdown from a two-month wedge, Litecoin LTC found a solid support level and remained indecisive ever since. It showed signs of strength yesterday but there’s not enough volatility to reiterate actions. During last week’s drops, Litecoin lost grip above the important $82 support level to a new […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 16) – BNB Reestablishes Support: Can It Initiate A Fresh Buy Above $600?
BNB witnessed a strong broke out last week but is now looking weak again after dropping off a new all-time high. It lost a key level during the week but is now back above the level following a small bounce. Breaking out from a two-month accumulation phase earlier last week, […]
GSR Markets Capitalizes On ONDO Holdings Post Upbit Listing
After the recent listing of ONDO on Upbit, GSR Markets has been observed reducing its holdings, transferring 3.5 million ONDO tokens, worth approximately $4.27 million, to Bybit over the past day. GSR has been steadily building a position of 9 million ONDO tokens since February, with an average acquisition cost […]
Ethereum’s Top Exchange Wallets Hit All-Time Low As Non-Exchange Holdings Surge Ahead Of ETH ETF Launch
The cryptocurrency landscape is witnessing a notable shift as the top 100 Ethereum wallets on exchanges have dropped to an all-time low of 8.41 million $ETH, a figure not seen since May 2018. This decline indicates an increasing distribution of Ethereum holdings over time. In stark contrast, the top 100 […]
BEERCOIN Plummets Further, Down 60% In A Week Amid Whale Sell-Offs
BEERCOIN ($BEER) has seen its value decline by an additional 28% today, extending its losses to over 60% in the past week. The steep decline is attributed to significant sell-offs by large holders, including a notable pre-sale participant and another major whale. According to on-chain reports, a pre-sale participant has […]
Ethereum Memecoin $PEPE Regains Bullish Momentum, Surging 8% Amidst Major Trader Capitulation
Ethereum-based memecoin $PEPE has seen a resurgence today, climbing by 8% and regaining some bullish momentum. However, this slight increase prompted a significant trader to capitulate and sell all of his $PEPE holdings at a break-even price. The trader, who had initially invested 114.7 billion $PEPE for 366.5 $ETH (approximately […]
Market Fear Surges As Bitcoin Plummets To $65K: Whales Sell, Miners and Retail Investors React
The cryptocurrency market is gripped by fear as Bitcoin has dropped to $65,000, its lowest value since May 16th. This decline has sparked a surge in mentions of selling or taking profit, indicating heightened panic among small traders. Such sentiment often precedes a temporary bounce, presenting potential buying opportunities amid […]
BOOK OF MEME PRICE ANALYSIS & PREDICTION (June 15) – BOME Is Up 3%, Is It Making A New Shift Amid Temporal Selling Relief?
Amid a slight break in selling, some altcoins have recovered a little with Bome posting gains in the last 48 hours. This was triggered by an increase in buying volume but it appeared not enough to bring the bulls back. The frog-inspired meme coin – Bome is still positioned in […]
Bitcoin Supply On Exchanges Hits Lowest Level Since December 2021 Amid Increasing Mining Costs And Whale Activity
The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. 😎 […]
Curve Finance Founder’s Liquidation Triggers 34% $CRV Price Drop: On-Chain Highlights
The price of $CRV plummeted by up to 34% within three hours following the news that Curve Finance founder Michael Egorov had been liquidated. On-chain data reveals several critical points about the situation. The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) […]
UwU Lend Faces Repeated Attacks, Loses $20.8M in ETH, But Repays Bad Debt
UwU Lend (@UwU_Lend) has been hit by another attack, losing 1,064 ETH (approximately $3.7 million) just a few hours ago. This follows a series of three attacks two days ago, during which the platform lost a total of 4,907 ETH (around $17.1 million). In total, UwU Lend has suffered losses […]
SOLANA PRICE ANALYSIS & PREDICTION (June 13) – Sol Is Aiming For $120 Again But Will It Hold This Time Following A 12% Weekly Loss?
Solana failed to advance bullishly above a key resistance trendline due to a rejection. This was triggered by a sudden sell-off, which generated a negative sentiment and similarly positioned the market in a bearish state. Last week, Sol signalled a bullish move after locating support above the $160 level. Unfortunately, […]
AVALANCHE PRICE ANALYSIS & PREDICTION (June 13) – Avax Remains Trap In A Range, Yet To Find A Breakpoint
Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run. Amid low trading volatility, the last three weeks have been rough for Avax as […]
Ethena’s $ENA Token Drops Below $0.70 Amid Major Whale Activity
Ethena’s $ENA token has fallen below the $0.70 mark. On-chain reports indicate that Whale 0x886 recently deposited the remaining 3.879 million ENA, valued at approximately $2.83 million, to Binance at a price of $0.728. This move marks the conclusion of the whale’s first trade with ENA, resulting in an estimated […]