Whales

Bitcoin whales have begun to make substantial BTC purchasing moves, signaling market participants’ entrance into a re-accumulation phase. According to a tweet by blockchain analytics platform Santiment, large investors holding 1,000 to 10,000 BTC collectively accumulated more than $941 million worth of the asset in the past 24 hours. Bitcoin Whales Accumulate BTC The amount of BTC whales accumulated in the past 24 hours increased their holdings by 15,121 BTC, bringing their collective stash to its highest level in two…

Render is on the move. Price statistics show that the coin is on an uptrend, rising by 50% in the last week due to surging trading volume. The uptick is primarily due to increased whale interest, which appears to be accumulating, moving RNDR from exchanges. At the same time, bulls are finding tailwinds following Apple’s decision to leverage Render in its Octane X rendering software. Whales Accumulating RNDR, Token Moved From Binance Lookonchain data on May 8 shows that the RNDR leg…

The post Whales Jump in to Accumulate Bitcoin; Will BTC Price Make It to $65,000 This Week? appeared first on Coinpedia Fintech News The start of the year was pretty bullish for the star crypto, Bitcoin, but with the beginning of the second fortnight of April, the market dynamics changed to a large extent. The BTC price plunged by more than 10% and remains consolidated within a range. Although the bears are trying hard to lift the levels above the…

The post Major Crypto Whales Are Stacking These Altcoins appeared first on Coinpedia Fintech News According to analysis from Altcoin Buzz, several altcoins, including XRP, Tellor (TRB), Render, Singular and Fetch.ai (FET) have recently witnessed substantial whale accumulation, hinting at potential bullish trends ahead.  XRP, Ripple’s native cryptocurrency, has seen a surge in accumulation by whale addresses in the past week. Addresses holding between 1 million and 10 million XRP have collectively purchased over 90 million tokens, amounting to approximately…

Although the crypto market is brewing with several opportunities, the current trend signifies a period of volatility. This is especially true for meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), whose success hinges heavily on hype and community. However, recent trends suggest a shift in gears for some big-money investors, with whales abandoning ship and setting sail for a new frontier – the DTX Exchange presale. Shiba Inu Woes as Memecoin Loses Steam After Early 2024 Rally Shiba Inu…

On-chain data shows PEPE whales have moved large amounts of the memecoin during the past day. Here’s where these tokens have been heading. PEPE Whales Have Been Active On The Network Today According to data from the cryptocurrency transaction tracker service Whale Alert, two large PEPE transactions have occurred in the space of a few hours during the past day. Both of these moves are of a scale that’s typically associated to the whales, humongous entities that can carry some…

Ethereum (ETH), the world’s second-largest cryptocurrency, continues to grapple with uncertainty after a steep price decline. Investors are on tenterhooks, with whales exiting their positions and the market sentiment teetering between fear and a glimmer of hope. Ethereum Price Struggles To Regain Footing Ethereum’s price has been on a rollercoaster ride in recent months. After reaching new highs in late 2021, the cryptocurrency plunged dramatically, leaving investors reeling. The recovery has been slow, with Ethereum currently hovering around $3,077 –…

The post Whales Move 28M XRP Before Ripple vs SEC’s May 6th Deadline appeared first on Coinpedia Fintech News The Ripple vs SEC legal battle heats up as investors await clarity. XRP is standing tall, keeping its foothold at the critical $0.54 level, a crucial defense against further market dips. A massive transfer of 28M XRP by a mysterious whale to Bitstamp sparks speculation. Some see it as a selloff due to legal uncertainties, while others view it as part…

Bitcoin’s recent market correction that dragged the world’s largest cryptocurrency near the low of $56,500 turned out to be a good opportunity for high-profile investors. Data shared by CryptoQuant CEO Ki Young Ju revealed that whales have accumulated a whopping 47,000 BTC – worth more than $2.8 billion in current price – over the past 24 hours alone. This shopping spree signals the beginning of “a new era” for the primary cryptocurrency, according to the exec. Bitcoin whales increasing their…