Ethereum has seen a decline below the $3.4k mark today, further exacerbating concerns among investors. Just before this drop, an Ethereum ICO participant deposited 5,500 ETH ($19.3 million) to Kraken, suggesting significant whale activity. This particular whale, a participant from Ethereum’s initial coin offering (ICO) in 2015, received 150,000 ETH […]
Tag: trading
Bitcoin Holders Face Largest 3-Day Drop In Non-Empty Wallets Since March As Ethereum Wallets Rise
Bitcoin holders have experienced their largest 3-day drop in non-empty wallets since just before the March 14th all-time high. Unlike the previous surge, Bitcoin’s value has been declining, prompting traders to liquidate out of fear of further drops. Meanwhile, the number of Ethereum wallets continues to grow. 📊 Bitcoin holders […]
$TRUMP Whales Cash Out Profits, Leading To Sharp Decline In $MAGA Token Value
Today, several significant $TRUMP token holders, or “whales,” capitalized on their investments, selling large amounts of the token for substantial profits. This activity has contributed to a sharp decline in the value of the $MAGA token, which has plummeted by 38% in the past 24 hours, bringing its market cap […]
Convex ($CVX) Bounces Back: 36% Of Holders Now In Profit After 100% Surge
Last week, 99% of $CVX holders were at a loss, showcasing the volatility and resilience of the cryptocurrency market. In a dramatic turnaround, 36% of $CVX addresses are now in profit, with these holders collectively controlling over 90% of the $CVX supply, indicating that nearly the entire supply is now […]
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 […]
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, […]