Whales

Ethereum whales have been busy in the market, as on-chain data shows that these investors have been heavily accumulating the second-largest crypto token by market cap. This comes amid a price decline in ETH’s price, with history suggesting that the crypto token might suffer more price declines in the short term.  Whales Accumulate More ETH Data from the market intelligence platform IntoTheBlock shows that Ethereum Whales bought 297,670 ETH ($1 billion) on July 24. The previous day, these whales also…

Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances at $3,500 and $3,700 at press time. However, buyers have kept prices above $3,300 as price action moves horizontally. Though there are expectations of volatility, reading from options data, now that spot Ethereum ETFs are available for trading, one analyst picked out…

In the ever-evolving landscape of cryptocurrencies, market dynamics often shift rapidly, creating opportunities for investors to diversify their portfolios. Currently, Shiba Inu (SHIB) whales are eyeing a new contender in the meme coin space—Mpeppe (MPEPE). As Shiba Inu (SHIB) experiences a downturn, these savvy investors are leveraging the presale of Mpeppe to secure long-term gains. The Development of Shiba Inu's Price  Shiba Inu (SHIB) has been facing a challenging period. The live price of Shiba Inu stands at $0.000017, with…

On-chain data shows the XRP whales have participated in a large accumulation in the past week, which could be bullish for the asset’s price. XRP Whales Bought More Than 140 Million Tokens Over The Past Week As explained by analyst Ali Martinez in a new post on X, the XRP whales have increased their supply share recently. The on-chain indicator of relevance here is the “Supply Distribution” from the analytics firm Santiment, which tells us about the total amount of…

The post Ripple News Today: Whales Snap Up 140M $XRP Amid Speculation of Ripple vs SEC Settlement appeared first on Coinpedia Fintech News The 2024 United States elections have significantly accelerated the adoption of crypto assets. Both sides of the political spectrum have already eyed the more than 50 million voters invested in the digital asset industry.  The recent approval of spot Ethereum ETFs in the United States has played a crucial role in democratizing the altcoin industry. Moreover, it…

The latest news from Grayscale has set off a frenzy in the crypto space. In its Ethereum ETF Mini-Trust, Grayscale will waive all fees totaling up to $2B. This announcement got people making guesses about what might happen next with different Ethereum coins, whose prices have been going up and down quite significantly lately. Meanwhile, big players are accumulating Ethereum-based tokens that they believe have growth potential. We will discuss five such coins: DTX Exchange (DTX), Mantle (MNT), Arbitrum (ARB),…

On-chain data shows the Dogecoin whales have gone on a buying spree while the memecoin’s price has declined in the last 24 hours. Dogecoin Whales Have Increased Their Holdings During The Past Day As pointed out by analyst Ali Martinez in a post on X, the Dogecoin whales have participated in net accumulation in the last 24 hours. The on-chain metric of relevance here is the “Supply Distribution” from the analytics firm Santiment which tells us about the amount of…

The XRP price has seen a sharp rally of over 39% in the past week as on-chain data shows the sharks and whales have been busy accumulating. XRP Sharks & Whales Now Carry Over 85% Of The Entire Supply According to data from the on-chain analytics firm Santiment, large XRP investors have been participating in buying for a while now. The indicator of relevance here is the “Supply Distribution,” which keeps track of the total amount of supply that a…

XRP whales are on the move amidst a new surge in the wider market as the altcoin is currently grinding better than most would expect. The cryptocurrency has been on a roll in the past 24 hours, which has enabled it to outperform other large market-cap cryptocurrencies in both the 24-hour and seven-day time frames. It is interesting to note that this surge in the ultra-bullish XRP narrative can be partly linked to an increase in whale activity. According to…