Avalanche ($AVAX), which reached a yearly high of approximately $64 in March 2024, has experienced a significant price decline, falling 61% to its current trading price of $25. This downturn has affected a large portion of AVAX investors. Data from @Intotheblock reveals that 4.37 million addresses, representing 52% of all […]
Tag: whale
Bitcoin Price Plummets 16% Amid Market Turmoil And Mt. Gox Repayment News
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
Bitcoin And Altcoins Suffer As Market Sentiment Turns Gloomy
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 24) β ETH Breaks Below $3,300 In The Latest Dip, Where Next?
Ethereum continued to show signs of weakness weekly as it broke below a key support level in the latest dip. The bears are regrouping on the lower timeframe as bigger drops lurk around the corner. From $3,977, Ethereum saw a lot of reductions in the past weeks and lost some […]
Bitcoin Faces Supply Pressure And Miner Sell-Off As Trading Week Ends
As the trading week comes to a close, Bitcoin is hovering in the $63,000 to $64,000 range. A significant supply barrier has formed, with approximately 5.45 million addresses having acquired 3.03 million BTC between $64,300 and $70,800. This concentration of holdings at higher prices poses a risk of a steep […]
Bitcoin and Ether Decline As Chainlink Sees Significant Token Movements
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
Ethereum Sees Surge In Trader Interest Amid SEC Investigation Conclusion and Pantera Capital Investment
Ethereum is experiencing a significant uptick in trader interest following the recent conclusion of the SECβs investigation into the cryptocurrency. Adding to the excitement, Pantera Capital has announced plans to purchase $100 million worth of Ethereum. π The coins seeing the largest rise in trader interest right now are: π […]
CHAINLINK PRICE ANALYSIS & PREDICTION (June 20) β Link Bounces Off A Key Support But No Enough Volume To Sustain Pressure
Once again, Chainlink LINK bounced off a key support area after several failed attempts to break it since the start of the year. A continuous increase above this support should bring the bulls back into the market. Late last month, Chainlink ended a five-week retracement move with a multiple rejection […]
FETCH.AI PRICE ANALYSIS & PREDICTION (June 20) β FET Recovers 15% Amid Market Relief, Can It Sustain Buy Pressure?
Several artificial intelligence and data tokens have recovered slightly from their recent lows following a new buy order in the crypto space. FET currently leads the industry tokens in the latest recovery. This month has been a turbulent period in the market as most altcoins dipped to a new monthly […]
Whales Accumulate $CRV Amid Post-Liquidation Dip, Driving Significant Price Recovery
Amid the recent $CRV liquidation crisis, six major investors, known as whales, have seized the opportunity to accumulate a substantial 55.26 million $CRV, equivalent to approximately $19.4 million. Notably, five of these six whales are first-time $CRV buyers, contributing to a noticeable surge in first-time $CRV purchases over the past […]
Ethereum Dips Below $3.4K As Major Whale Activity Sparks Market Attention
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 […]
Justin Sun Deposits $23.4M In DeFi Tokens To Binance, Including Major CRV Transaction
In the past day, Justin Sun, the prominent cryptocurrency entrepreneur, deposited 6.22 million CRV tokens ($2.07 million) to Binance at a price of $0.333 per token. Among these tokens, 5 million CRV were acquired from Curve founder Michael Egorov at an over-the-counter (OTC) price of $0.4 last August. In addition […]
$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 […]
Whale Activity Suggests Starknet Dev Dumping $STRK, Contributing To 12% Price Decline
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 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 17) β 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 […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 16) β 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 thereβs not enough volatility to reiterate actions.Β During last weekβs drops, Litecoin lost grip above the important $82 support level to a new […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 16) β 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 […]