Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Whales
Telegram Coin PAAL AI Slumps Amid Crypto Whales’ Sell-Offs
PAAL AI (PAAL), the Telegram coin developed on the Ethereum blockchain, has seen its price drop by 10% in 24 hours. At press time, it trades at $0.19. The price represents a 77.50% decrease from its all-time high in March. This on-chain analysis examines the factors responsible for the recent drawdown and its likely next movement. Crypto Whales Ditch PAAL AI BeInCrypto’s findings reveal that PAAL suffered from notable selling pressure due to the decision of one of its notable…
10 months ago
Dogecoin Whales Go Crazy For this $0.034 Ethereum Token Expecting 2,640% Rally in 22 Days
The post Dogecoin Whales Go Crazy For this $0.034 Ethereum Token Expecting 2,640% Rally in 22 Days appeared first on Coinpedia Fintech News The crypto market is buzzing with the RCO Finance (RCOF) presale, which has captured the attention of Dogecoin (DOGE) whales. This Ethereum token offers the potential for a staggering 2,640% rally in just 22 days, luring investors seeking high returns beyond the Dogecoin ecosystem. Let’s explore why this new crypto token is a must-have for Q3. RCO…
10 months ago
Crypto Whales Halt Bitcoin Buys Amid Death Cross and $46,000 Target
Bitcoin’s (BTC) price appears to be in a precarious situation as major stakeholders, often referred to as crypto whales, have reportedly paused their buying activities. This halt in purchases has sparked concerns about Bitcoin’s future valuation, particularly as technical patterns indicate a bearish trend. Historically, such trends have been associated with prolonged downswings or periods of consolidation. Crypto Whales Step Back as Bitcoin Turns Bearish Recent data from Lookonchain suggests that institutions have stepped back from Bitcoin purchases, coinciding with…
10 months ago
Bitcoin Whales Participate In $588 Million Selloff: Is There More To Come?
On-chain data shows the Bitcoin whale entities have sold approximately $588 million in the cryptocurrency during the past week. Bitcoin Whales Have Made Large Selling Moves Recently As pointed out by analyst Ali Martinez in a new post on X, the BTC whales have sold around 10,000 BTC over the last seven days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of Bitcoin that a given…
10 months ago
Will Bitcoin Crash? Whales Dump $600 Million of BTC
The post Will Bitcoin Crash? Whales Dump $600 Million of BTC appeared first on Coinpedia Fintech News Bitcoin (BTC), the world’s biggest cryptocurrency by market capitalization looks bearish and may crash once again. Today, on August 13, 2024, a prominent trader made a post on X (previously Twitter) that Bitcoin Whales have offloaded a significant Bitcoin as its price fell below $60,000. Why Bitcoin Can Crash? According to the post on X, these whales have offloaded a significant over 10,000…
10 months ago
New Low-Risk Cryptocurrency Gains Popularity Among Shiba Inu and Dogecoin Whales
The post New Low-Risk Cryptocurrency Gains Popularity Among Shiba Inu and Dogecoin Whales appeared first on Coinpedia Fintech News Shiba Inu (SHIB) and Dogecoin (DOGE), once celebrated as leading meme coins, have seen significant fluctuations in their popularity and market value. Initially launched as lighthearted projects, both coins attracted massive attention and investment from a wide audience, including notable figures in the crypto community. Despite their prominence, these tokens have faced challenges and volatility, leading some of their large-scale investors…
10 months ago
Bitcoin Faces Immense Pressure As Whales Dump $600M Worth BTC Last Week
The post Bitcoin Faces Immense Pressure As Whales Dump $600M Worth BTC Last Week appeared first on Coinpedia Fintech News Bitcoin is facing immense pressure and has been consolidating around the $59,000 price range. Ali Martinez, a renowned investor and on-chain analyst, has revealed that Bitcoin whales are becoming bearish in recent days. He disclosed that some of the biggest Bitcoin whales have sold over 10,000 BTC in the last week, which is estimated to be worth around $600 million.…
10 months ago
Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags
Crypto whales have taken advantage of the recent market downturns, loading up their bags as the price of several tokens slipped to lower levels. During the last few retraces, a whale bought over 400 billion PEPE, already registering unrealized profits from its purchase. Some market watchers believe the token is poised to lead the “memeseason” after its recent performance. Whale Goes On Buying Spree A week ago, the crypto market saw a significant slump, with most cryptocurrency prices nosediving by…
10 months ago
Ethereum Whales Move Into New Gambling Memecoin Built On ETH
In recent developments within the cryptocurrency world, Ethereum (ETH) whales are making significant moves towards a new gambling memecoin that is creating waves in the digital asset space. This innovative coin, Mpeppe (MPEPE), combines the thrill of gambling with the cutting-edge capabilities of Ethereum (ETH), positioning itself as a major player in the memecoin market. Ethereum Whales Shift Focus: The Appeal of Mpeppe (MPEPE) Ethereum (ETH) whales, known for their strategic investment choices, are now setting their sights on Mpeppe…
10 months ago