Whales

The post Buy or Sell Signal? Ethereum Whales Purchase $340 mln of ETH appeared first on Coinpedia Fintech News Amid the recent market crash, some investors sold off their holdings to safeguard their capital while others have grabbed this opportunity. Today, on August 6, 2024, Lookonchain an on-chain analytic firm noticed that six whales have purchased a significant 147,605 Ethereum (ETH) worth $340 million during the market crash. Whales buy $340 million worth of Ethereum  Since August 5, 2024, there…

As Shiba Inu (SHIB) continues to capture attention in the cryptocurrency market, interest is now shifting towards emerging alternatives that surpass the popular token in the coming months. Among the new contenders making headlines is MoonTaurus (MNTR), a project drawing significant interest from investors and analysts. With its innovative approach and promising developments, MoonTaurus is positioning itself as a key player in the market. As more investors seek diversification beyond Shiba Inu, MoonTaurus offers a compelling option with its strategic…

The post Bitcoin Whales Buy the Dip, adds $1.62 Billion of BTC appeared first on Coinpedia Fintech News In the recent market crash, Bitcoin whales took the opportunity to add notable amounts of Bitcoin (BTC) the world’s biggest cryptocurrency in terms of market capitalization. On August 6, 2024, a prominent analyst made a post on X (previously Twitter) that in the last 48 hours, whales had accumulated over 30,000 BTC worth $1.62 billion.  BTC Whales add 30k BTC in the…

Dogecoin (DOGE) has maintained a strong presence, becoming a symbol of meme-driven investments and community enthusiasm. However, a new rival, Mpeppe (MPEPE), is quickly capturing attention from Dogecoin (DOGE) investors looking for the next major opportunity. As Mpeppe (MPEPE) begins to make significant strides, here’s why it’s emerging as a formidable competitor in the meme coin arena. Dogecoin (DOGE)’s Legacy: A Quick Recap Dogecoin (DOGE) has carved out a unique space in the cryptocurrency world since its inception. Launched as…

XRP whales are taking advantage of the price downturn to accumulate more tokens. XRP recently bottomed out at $0.438 in the wake of an intense selloff in the wider crypto market, which saw the value of many cryptocurrencies drop sharply. This intense selloff resulted in a dramatic 20% decline in the price of XRP within a 24-hour timeframe.  Despite this steep fall, on-chain transaction data reveals that some large holders, often referred to as ‘whales,’ remain undeterred. These investors are…

Recently, a noteworthy trend has emerged:  whales are diversifying their portfolios by allocating a portion of their assets into Mpeppe (MPEPE). This strategic move highlights the growing excitement around Mpeppe (MPEPE) and its potential to disrupt the crypto landscape. Here’s a deep dive into why Solana (SOL) whales are making this shift and what it means for the future of both cryptocurrencies. Solana (SOL) Whales: A Profile of Strategic Investors Who Are the Solana (SOL) Whales? Solana (SOL) whales are…

The post Top Altcoins Boosted by Crypto Whales appeared first on Coinpedia Fintech News In a rough crypto market, Ethereum (ETH), Ondo (ONDO), and Pepe (PEPE) are attracting attention from big holders. Despite the downturn, these coins are holding strong and showing promise. Whales are betting heavily on them, believing they have a bright future. Read on to figure out why these picks are getting noticed by major players. Ethereum (ETH) Opening our exploration is Ethereum (ETH). The coin is…

Cardano (ADA) is currently competing with Ethereum in terms of large transaction volume. This is undoubtedly a positive development for the ADA ecosystem, especially since it indicates a wave of accumulation among the token’s large holders.  Cardano Matches Ethereum In Large Transaction Volume Data from the market intelligence platform IntoTheBlock shows that Cardano is witnessing a similar large transaction volume as Ethereum. In the last 24 hours, Cardano recorded a large transaction volume of $6.7 billion, while Ethereum witnessed a…

Both crypto whales and the business intelligence giant MicroStrategy have heavily invested in Bitcoin, leveraging the recent drop in its price. Combined, their investments exceed $302 million, indicating a strong bullish outlook despite market volatility. Crypto Whales Buy the Bitcoin Dip MicroStrategy enhanced its Bitcoin portfolio by adding 169 BTC worth $11.4 million in July. This recent acquisition brings the company’s total holdings to 226,500 BTC, currently valued at around $14.6 billion. MicroStrategy spent $8.3 billion to buy these BTC…