Tag: whale

Market Analysis

FRONTIER PRICE ANALYSIS & PREDICTION (May 9) – Front Signals Bull Run Following 120% Weekly Surge, Now Undergoing Slight Retracement

While most altcoins are still struggling to come back from their recent lows, Front regained strength last week and has been on a buying spree ever since. Despite witnessing slight retracement, it still holds 8% gain. Starting the year on a positive note, Front rallied by almost 10x to reach […]

Crypto, News

Ethereum’s Performance Diverges From Bitcoin Amidst Weak Capital Rotation Trend

Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance.  There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]

Crypto, News

$PROM Token Sees 5% Decline Amidst Withdrawal Activity On Binance

The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement. Wallet 0x3a2 recently withdrew 49,999 $PROM, equivalent to […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) – ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, What’s Next?

After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]

Crypto, News

Maker DAO’s Governance Token MKR Plunges 11% As Whales Move Tokens To Exchanges

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 […]

Market Analysis

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 […]

Crypto, News

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 […]