Whales

The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range. This uninspiring performance has sparked conversations about the current cycle, with several analysts and experts predicting whether the bull run is still on. Amongst the latest to comment is the CryptoQuant CEO, who offered an interesting on-chain insight into the…

Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales Have Taken Lesser Profits In This Market Cycle Than Past Ones Ki Young Ju mentioned in an X post that if the Bitcoin bull cycle…

On-chain data shows the Dogecoin whales have gone on a significant buying spree in the past day, a sign that could be bullish for DOGE’s price. Dogecoin Whales Have Purchased Big Over The Last 24 Hours As pointed out by analyst Ali Martinez in a new post on X, the DOGE whales have been participating in net buying recently. The on-chain indicator of relevance here is the “Supply Distribution” from the analytics firm Santiment, which tells us about the total…

The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day. Most of the top coins, though, have managed to limit their losses, except for XRP, which has notably underperformed. The below chart shows how the…

After less than a week of successive sell-offs of SOL tokens, two prominent Solana (SOL) whales, who had previously bought SOL during Solana’s ICO, have returned. However, they are not just back for Solana tokens, nor are they back for new Solana tokens. Rexas Finance (RXS) is the hottest new Internet meme token that they are currently gravitating towards.The rise of Solana over the $200 mark in the subsequent few years turned out to be one of the best returns…

In the dynamic world of cryptocurrencies, two tokens are capturing the attention of Ethereum (ETH) whales: Internet Computer (ICP) and Mpeppe (MPEPE). With recent trends signaling the resurgence of artificial intelligence (AI) and blockchain convergence, these tokens are showing tremendous potential. ETH whales, known for their strategic investments, are beginning to pivot their focus toward both Internet Computer (ICP) and Mpeppe (MPEPE), with each offering unique opportunities for growth. The Growing Influence of AI in the Crypto Space Artificial intelligence…

In 2023, Near Protocol (NEAR) became a standout performer in the crypto market, posting significant gains and drawing attention from retail and institutional investors alike. With its innovative sharding technology and numerous strategic partnerships, Near Protocol (NEAR) demonstrated its potential to revolutionize decentralized applications. However, for those who missed out on NEAR’s rise, a new contender is capturing the attention of whales and retail investors alike—GoodEgg (GEGG), an AI-powered meme utility token expected to surge by an astounding 16,000% before…

The crypto world is buzzing as PepeCoin (PEPE) continues its impressive surge, with trading volume soaring by 33.20%. This increased activity has sparked interest among whales and savvy investors alike, but there’s another name making waves: GoodEgg (GEGG). With 3.4 billion tokens sold at just $0.00021 during its presale, GEGG is positioning itself as the next major player in the memecoin and AI-driven sectors. PepeCoin’s 24 Hour Power Rally PepeCoin (PEPE) has had a stellar performance, driving interest among investors…

The long-anticipated trading of Eigenlayer’s EIGEN token began today, following the lifting of transfer restrictions that had been in place since the token’s launch in May. Major cryptocurrency exchanges including Binance, Kraken, Coinbase, ByBit, and OKX have listed EIGEN, providing liquidity to holders of the token, many of whom received it through airdrops earlier this year. In a statement released through X, the Eigen Foundation highlighted the importance of this milestone: “We’re thrilled to announce the unlocking of the EIGEN…