Whales

The cryptocurrency world is known for its high volatility and rapid shifts in investor sentiment. Recently, a new player in the meme coin arena has captured the attention of Bonk (BONK) investors. Mpeppe (MPEPE) is emerging as a compelling alternative with the potential for substantial returns. This article explores why Bonk (BONK) investors are eyeing Mpeppe (MPEPE) as their next big opportunity and how they hope to significantly increase their holdings. The Allure of Bonk (BONK) Bonk (BONK) made waves…

Telegram-based project Toncoin (TON) has seen its market dominance subside despite outperforming Bitcoin (BTC) for most of the year. Before the latest bounce, TON encountered a challenging two-week period as the price fell by 15%. Trading at $6.79 at press time, this analysis proves that the token may not be out of the woods just yet. Here are the reasons. Whales Dump Toncoin, Raising Market Concerns The major rationale behind Toncoin’s potential decline is the action of whales. Whales are…

This week, crypto whales decided to buy into some altcoins even though their performance did not match the previous week. However, the clear accumulation signals confidence in the cryptocurrencies’ near-term potential.  The reason is that these whales, who have the potential to affect prices, are not just accumulating in the usual fashion. Instead, they are buying big at current price levels. The top three for the fourth week of July 2024 include Arbitrum (ARB), Ripple (XRP) and Ondo (ONDO). Crypto…

A few weeks ago, Ethereum Name Service (ENS) price inched closer to $35. But since the beginning of July, the value has struggled to attain such heights. Currently trading at $27.38, on-chain analysis shows that things are happening behind the scenes that could soon send ENS in that direction. Record Whale Accumulation Sparks Hope for Price Rally  Despite wobbling around a tight-trading range, IntoTheBlock reveals that whales have increased their ENS holdings. Specifically, the Large Holders Netflow shows that the…

On-chain data suggests that some Ethereum whales might be jumping off the bandwagon amidst the ongoing tug-of-war between bulls and bears. This phenomenon has become increasingly evident as transaction data from whale trackers reveals a significant uptick in whale activity over the past 24 hours. The majority of these transactions are directed towards various crypto exchanges, indicating a possible shift in strategy or sentiment among these large-scale investors.  Notably, on-chain transaction alerts from Whale_Alerts show that approximately $205 million worth…

The post Bitcoin ETF Whales Likely To Invest Major Capital In BTC Acquisition: Blackrock appeared first on Coinpedia Fintech News According to Adam Back, Blockstream CEO, in a post on X, the market should anticipate institutional investors with huge buying power to dominate the market. With $5 trillion worth of funds, Bitcoin ETF whales are likely to invest a majority of the capital into Bitcoin acquisition and consolidating their positions. Analysts say that BlackRock, with its over $10 trillion AUM,…

Cardano is at a significant milestone with the impending Chang hard fork. This pivotal moment follows the recent upgrade of its node validation software before the upgrade goes live. As the Cardano ecosystem gears up for this major update, the network is experiencing a surge in activity that could determine its trajectory in the coming weeks. Amidst this heightened activity, Cardano’s cryptocurrency, ADA, has demonstrated an interesting price performance. ADA has seen positive price action in the past 24 hours,…

Shiba Inu (SHIB) initially gained fame as a meme-based cryptocurrency and quickly captured the public's imagination with its playful branding and vibrant community. Despite its success and notable market presence, SHIB's growth has slowed in recent times, requiring considerable investment and patience for possible substantial returns. In contrast, MoonTaurus (MNTR) is an exciting new memecoin currently in its presale phase, priced at just $0.005. This innovative token is set to increase significantly in value, with the price projected to rise…

The post Crypto Whales’ Top Altcoin Picks For The Fourth Week of July 2024 appeared first on Coinpedia Fintech News While we watch the crypto market momentum shift to bullish, whales have been acquiring Arbitrum, XRP, and Ondo. There is a significant purchase volume that, if continued could make these cryptos strand ahead in the anticipated altcoin season.  Whales Pick Arbitrum Despite In Downturn  This comes as a shock that Arbitrum is on the list of Whales’ favorite coins. It…