Tag: Whales

Crypto, News

API3 Surges Over 135% In Three Months: A Paradigm Shift In Decentralized APIs

In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]

Crypto, News

Polygon Foundation Wallet Moves 9 Million MATIC Tokens To Binance, Prompting Market Interest

In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, […]

Crypto, News

Growing Interest In Ethereum Options Signals Potential For Record Highs As ETH Hits $2,800

As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]

Crypto, News

Ethereum Witnesses Massive Withdrawals From Exchanges Amid ETF Speculation

Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges.  Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]

Crypto, News

Whales Trigger Crypto Market Movement With Large $PERP Transactions

In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]

Market Analysis

CHAINLINK PRICE ANALYSIS & PREDICTION (January 14) – Link Faces Rejection After Slight Bounce, Sets For Another Leg Down

Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above […]

Crypto, News

Whales Boost Ethereum Holdings With $1 Billion Accumulation Amid ETF Anticipation

During a recent market downturn, Ethereum whales capitalized on the opportunity, amassing an impressive $1 billion in holdings. Cryptocurrency analyst Ali’s data for December revealed a consistent upward trend, showcasing an increase of over 410,000 ETH in holdings by Ethereum whales. In the past month, #Ethereum whales bought over 410,000 […]

Crypto, News

Ethereum’s Bullish Momentum Persists With Noteworthy Milestones, Top 150 Wallets Now Hold 56.25 Million ETH

As cryptocurrency prices experience an upward trend, Ethereum is making significant strides towards its local peak resistance level of $2,444. An intriguing aspect of this ascent is the notable absence of exchange whales, while substantial accumulation is observed among the largest non-exchange Ethereum whales. 🐳 #Ethereum has continued working its […]

Crypto, News

Maker (MKR) Achieves Annual Peak At $1,906 After Noteworthy Whale Accumulations

Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]

Crypto, News

Ethereum Gains Momentum Surpassing Bitcoin In Holder Numbers Amid Buterin’s Roadmap Update

Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]