Cryptocurrency News
Cryptocurrency markets are no strangers to the influence of large holders, often referred to as “whales.” Recent movements in the $MKR (Maker) token highlight the actions of three significant holders, shedding light on the potential impact these whales can have on the market. The Power of Whales Whales in the […]
Since February 2022, the cryptocurrency landscape has witnessed a remarkable surge in the number of large wallets holding substantial amounts of Bitcoin. Often referred to as “sharks” and “whales,” these large investors have been accumulating Bitcoin at an unprecedented rate. In the past 20 months, 11,806 additional addresses have surpassed […]
Ethereum (ETH), one of the leading cryptocurrencies, has seen ongoing trends in wealth accumulation among its top holders, both on and off exchanges. This is occurring as ETH’s market value remains relatively stable at just above $1,570. Exchange and Non-Exchange Wealth Distribution As of the latest data, approximately 8.51% of […]
It‘s common to see market corrections, with some altcoins declining in value. However, amid this backdrop, intriguing patterns have emerged as certain outliers, such as $DYDX, $OCEAN, $TUSD, and $REQ, exhibit increased whale activity. What could this mean for these assets, and should we be keeping a close watch? Altcoin […]
Bitcoin, the leading cryptocurrency, is witnessing a significant accumulation trend among mid to large-sized wallets, indicating a resurgence of institutional and high-net-worth investor interest. Over the past six weeks, these wallets have added a substantial 71,155 BTC, equivalent to approximately $1.95 billion at current prices. Accumulation by Mid to Large-Sized […]
In a notable turn of events, a substantial amount of 37 million MATIC tokens, the native cryptocurrency of the Polygon Network, was transferred from a whale Proof-of-Stake (PoS) address to a three-year-old wallet. This transaction took place against the backdrop of a relatively mild 4% price increase for MATIC, which […]
In recent weeks, there has been a noticeable trend in the cryptocurrency market, particularly concerning Ethereum (ETH). Several prominent whales have been accumulating and staking substantial amounts of ETH, signaling their anticipation of significant market catalysts on the horizon. Ethereum Whales Are Staking Their Holdings One such whale, identified as […]
Bitcoin, the leading cryptocurrency, is currently experiencing a dynamic phase, marked by both bullish indicators for the long term and the potential for short-term corrections. The actions of whales and traders are at the center of this evolving narrative. Bitcoin Maintains Bullish Momentum As We Enter October In the long […]
The cryptocurrency market is abuzz with the latest developments involving Bitcoin and Tether (USDT) whales and sharks, who are showing a strong accumulation trend. These large holders, with 10 to 10,000 Bitcoin in their wallets, have now accumulated their highest Bitcoin holdings in 2023, totaling 13.03 million BTC. Positive Sentiment […]
In January, this anonymous investor withdrew a substantial 7 million $FRONT tokens, valued at $1.33 million at the time, demonstrating their confidence in the project’s long-term potential. Whale Held $FRONT For Straight Eight Months Fast forward eight months, and this investor’s patience has paid off. The price of $FRONT has […]
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated […]
While some altcoins have seen meteoric rises, others have displayed a rather unassuming price performance. However, two tokens that have recently caught the attention of the crypto community are Linear ($LINA) and Decentraland ($MANA). What makes them noteworthy is the sudden surge in whale transactions (3 months high), which have […]
Approximately 40 minutes ago, a notable crypto investor withdrew a substantial amount of $ARB tokens, totaling $1.14 million, from the popular exchange #Binance. This move came after the investor had initially deposited $1.13 million worth of $ARB on July 3rd when the token was valued at $1.17 per coin, resulting […]
In the world of cryptocurrencies, whale activity often serves as a significant indicator of market sentiment and trends. Today, the price of $CRV, the native token of Curve Finance, saw a remarkable surge of approximately 12%. This surge is accompanied by notable whale activity, indicating that large investors are accumulating […]
Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to […]
Recently, a smart whale made waves in the crypto community by withdrawing a staggering 24,548 Ethereum (ETH) tokens from the popular exchange, Binance. These withdrawals, totaling $40 million in value at the time of the transactions, have left many wondering about the implications of such substantial movements in the market. […]
Immutable X (IMX), currently ranked 46th by market capitalization, is making waves in the crypto world as it experiences an unprecedented surge in whale activity. In a surprising turn of events, a notable whale has suddenly amassed over $18 million worth of IMX tokens. This event coincided with substantial transfers […]
In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to […]