Aave, one of the leading decentralized finance (DeFi) protocols, has experienced a notable 28.83% increase in short-term traders over the past month, signaling a surge in new users and speculators. This influx reflects growing interest in Aave, as more participants enter the market to capitalize on short-term opportunities. $Aave saw […]
Tag: Whales
Crypto Market Prepares For $230 Million Token Unlocks This Week
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
ETHEREUM PRICE ANALYSIS & PREDICTION (August 12) – ETH Turns Weak After Rejecting $2,700, Signals Fresh Dip
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]
BITCOIN PRICE ANALYSIS & PREDICTION (August 12) – BTC Resumes Drops After Retracement – Is $44k The Next Drop Level To Watch?
Bitcoin’s daily outlook is becoming more bearish with the latest drop, although it remains bullish on the macro level. Selling could get worse as the fear and greed index reaches 50 with a dominance of 56.2%. The fear of missing out – FOMO on Bitcoin’s parabolic bull run has significantly […]
AKASH NETWORK PRICE ANALYSIS & PREDICTION (August 12) – AKT Tests Crucial Trendline After A Week Retracement, Will It Break?
Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test […]
ARBITRUM PRICE ANALYSIS & PREDICTION (August 12) – ARB Calms At Resistance After A Small Bounce, More Drops Ahead
ARB’s Price is up by more than 4% today despite the relative loss amongst altcoins in the past hours. However, it is still maintaining a downward movement following a recent price breakdown. Last week was a bit painful for Arbitrum as it broke through the $0.6 level (its launch price […]
TRON PRICE ANALYSIS & PREDICTION (August 12) – TRX Resumes Bullish After Reaccumulating, Where Is It Heading Next?
Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into […]
Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap […]
SUI PRICE ANALYSIS & PREDICTION (August 9) – SUI Signals Bullish Following A 30% Surge But Yet To Break Bearish Structure
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
Alameda Research Begins $WLD Deposits Amidst Ongoing Debt Settlement
Alameda Research has recently initiated the transfer of its $WLD tokens to centralized exchanges (CEX). Approximately nine hours ago, the company made its first significant move by sending 205,387 $WLD tokens, valued at $352,000, to Binance. This transaction occurred after Alameda vested the tokens from Worldcoin, which were acquired a […]
New MEMEcoin $RTR Sees Insider Profits Soar While One Trader Faces Major Losses
Within just 24 hours of its creation, the new MEMEcoin $RTR has already generated significant activity in the crypto market. In a surprising turn of events, five newly created wallets, suspected to be controlled by insiders, earned over $4 million in just six hours. These five wallets collectively spent approximately […]
Aave’s Dominance And Innovation: A Key Player In DeFi’s Future
Aave has established itself as the leading decentralized lending protocol, boasting over $10 billion in Total Value Locked (TVL). Ranking as the third-largest decentralized application (dApp) by TVL, Aave trails only behind Lido’s $24 billion and EigenLayer’s $12 billion, solidifying its crucial role in the DeFi ecosystem. Lending remains a […]
Bitcoin Faces Major Drawdown Amid Market Sell-Off And Whale Accumulation
August has proven to be an exceptionally eventful month for both equity and digital asset markets, marked by a significant market sell-off triggered by a “correlation-1” event. Bitcoin has been no exception, experiencing its largest drawdown of the current cycle, leading to capitulation among short-term holders. August has already been […]
Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH
Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Jump Trading […]
Stablecoins Hit Record Highs In Single-Day Transfers As Institutions Buy The Dip
Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received […]
Jupiter Exchange Announces $2.37B $JUP Token Burn Following Governance Vote
Jupiter Exchange has announced a significant decision following a recent governance vote: 30% of its $JUP team tokens will be burned. This proposal, which received overwhelming support with 95% of votes in favor, will see 3 billion $JUP tokens, valued at over $2.37 billion, burned over the next six months. […]
Whales Accumulate $LINK Amid Surge In Active Addresses
The number of active $LINK addresses has surged to its highest level since May, coinciding with a significant outflow from exchanges. This suggests a trend of accumulation during a period of market turbulence. The number of active $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
$BANANA Sees Surge In Activity With Notable Buys From Smart Traders
Recent data from Crypto Differ places $BANANA in the 12th spot for top projects by daily active address growth over the past 30 days, boasting 413 daily active addresses, a 107% increase. Top-15 Projects by #DAA growth in the last 30 days DAA (Daily Active Addresses) is the number of […]