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
Shiba Inu One Of The Most-Traded Tokens By Whales, Data Shows
On-chain data suggests that large investors have been showing interest in Shiba Inu recently as they have been moving a high number of SHIB transfers. Shiba Inu Large Transactions Have Been High In Number Recently As pointed out by an analyst in an X post using data from the market intelligence platform IntoTheBlock, the Shiba Inu whales have been on the move over the past month. The on-chain indicator of interest here is the “Number of Large Transactions,” which tracks…
1 year ago
Bitcoin Whales Accumulate $1.4 Billion BTC as US Congress Passes FIT21 Bill
The post Bitcoin Whales Accumulate $1.4 Billion BTC as US Congress Passes FIT21 Bill appeared first on Coinpedia Fintech News The notable cryptocurrency regulatory shift in the United States has triggered a fresh Bitcoin (BTC) bullish frenzy, largely benefiting the altcoin industry. Interestingly, several Congress members have urged US SEC Chair Gary Gensler and other commissioners to approve the spot Ethereum (ETH) ETFs on Thursday. Moreover, the US Congress almost unanimously passed the FIT21 bill that sheds clear crypto regulations…
1 year ago
Crypto Whales Have Been Bagging This Pepe Coin (PEPE) Rival Like There’s No Tomorrow Since It Went Live on Exchanges
The cryptocurrency world is no stranger to the concept of "whales" - individuals or entities holding large amounts of a particular cryptocurrency. These whales often wield significant influence over market trends and can dictate the direction of prices through their buying and selling activities. Recently, a new contender has emerged in the crypto space, challenging established players like Pepe Coin (PEPE). Retik Finance (RETIK) has garnered attention from crypto whales since its debut on exchanges, leading to a frenzy of…
1 year ago
Ethereum Whales Come Alive: Are They Buying Or Selling?
On-chain data suggests the Ethereum whales have shown a burst of activity recently. Here’s what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of interest here is the “Number of Large Transactions,” which, according to the analytics firm, tracks the total number of Ethereum transactions on the network valued…
1 year ago
Dogecoin Whales On The Move: Transactions Surge More Than 50% Amid ETF Speculation
Dogecoin (DOGE), a meme-inspired crypto, has recently experienced a significant surge in activity from large-scale investors, commonly known as “whales.” Recent data shows that the value of substantial transactions has nearly doubled in the last 24 hours. Dogecoin Transactions Soar As ETF Speculation Intensifies According to data from IntoTheBlock, the value of these large transactions exceeding $100,000 has significantly increased within the past 24 hours. This dramatic increase saw the total value surge from $1.53 billion to roughly $3.01 billion.…
1 year ago
Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears
Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of BTC In a stunning discovery, co-founder of Bitcoin-based company Apollo, Thomas Fahrer, revealed that Bitcoin whales have been rapidly buying up the tokens amid price…
1 year ago
Litecoin Whales Go On $230 Million Buying Spree: Will This Change LTC’s Stars?
On-chain data shows the Litecoin whales have gone on a $230 million buying spree recently, which could bring bullish winds for the coin. Litecoin Whales Have Been Making Net Inflows To Their Wallets Recently According to data from the market intelligence platform IntoTheBlock, the Litecoin whales have received large net inflows in their addresses over the past month or so. The on-chain indicator relevant here is the “Large Holders Netflow,” which tracks the net amount of Bitcoin entering into or…
1 year ago
Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000
Bitcoin is rising, recently breaking above $67,000, and heading towards the all-important $70,000, a psychological round number. One analyst took to X amid this uptick, noting that whales holding over 1,000 BTC are not moving their coins to exchanges. Instead, they likely expect prices to spike higher in the coming days and weeks. Though movements over the weekend were muted, the extension earlier today is overly bullish for optimistic traders. As BTC prices edge, coin holders (and sometimes whales) usually…
1 year ago
Are Crypto Whales Driving the 35% Chainlink (LINK) Rally? Price Predictions
Chainlink is outperforming the general market with whales pushing prices up 35%. Macroeconomic trends might be weighing deep on Chainlink accumulation and pricing. Over the weekend, Chainlink (LINK) saw its price increase by approximately 35% to trade at $16.7. This increase represents a huge achievement for Chainlink and has left investors wondering whether recent whale activities are driving the surge. Whale Scoop Large Portions of LINK According to on-chain data, large investors, often referred to as crypto whales have been…
1 year ago