Whales

On-chain data shows the XRP whales have been active during the past day. Here are the destinations their moves have been heading to. XRP Whales Have Moved Around Big Amounts In Last 24 Hours According to data from the cryptocurrency transaction tracker service Whale Alert, several large XRP transactions have been witnessed on the blockchain in the past day. More specifically, five transfers in total that are of scale often attributed to the whales have occurred on the network inside…

Bitcoin whales appear to be realizing their profits from BTC’s latest rally, as on-chain analysts have identified a surge in inflows to centralized crypto exchanges. According to a CryptoQuant Quicktake by anonymous crypto analyst Phi Deltalytics, BTC whale inflows to exchanges currently constitute a substantial portion of overall flows to trading platforms. Whales May Be Taking Profits A separate Quicktake from analyst Woominkyu on April 25 revealed that the unrealized profits of long-term bitcoin whales had gotten high, especially with…

The world’s best-decentralized poker platform, CoinPoker, has once again made the news after hosting a poker hand involving the world-famous poker player Antanas ‘Tony G’ Guoga who won just over $300,000 CoinPoker website, beating an anonymous whale. This poker hand was part of a game within the Crypto Series of Poker (CSOP), the series of tournaments hosted by the crypto poker platform currently offering $1 million in prize money available across 41 tournaments. Tony G – who is also the…

The post XRP Whales Seize Buying Opportunities Amid Market Fluctuations appeared first on Coinpedia Fintech News Around three weeks ago, XRP reached a peak of $0.6413 before it dropped to a yearly low of $0.4336 within days. This reflected a 32% decline in less than three weeks. However, this pullback has given the whales a notable buying chance. Last week, XRP climbed back to around $0.5, showing a 6% increase. But, more than 452 million XRP, worth over $232 million,…

On-chain data shows that the Bitcoin whales’ holdings have grown to 25.16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year. The indicator of interest here is the “Supply Distribution,” which keeps track of the percentage of the total circulating Bitcoin supply…

While Bitcoin struggles to extend gains, on-chain data shared by Ki Young Ju, the founder of CryptoQuant, on X shows increased movement of old coins. As the Bitcoin Average Dormancy chart shows, this trend recently hit a 13-year high.  More Old Whales Moving Coins The Bitcoin Average Dormancy shows the average number of days each BTC has been dormant. On-chain data indicates that coins held for 3 to 5 years have changed hands and moved to new owners.  While there was movement,…

On-chain data shows the new whale entrants in the Bitcoin market now hold almost twice as much as the veterans. Here’s what could be behind this shift. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about how the holdings of the new whales compares against the old ones in the market right now. The on-chain indicator of interest here is the “Realized Cap,” which,…

The cryptocurrency market continues to grapple with volatility, and XRP has been no exception. After a promising start to the year, the price of XRP has mirrored the broader market slump triggered by Bitcoin’s correction. However, amidst the bearish sentiment, a different story is unfolding underwater – one involving deep-pocketed investors, or “whales,” accumulating the altcoin at a significant clip. XRP Whales Accumulate Millions Despite Price Drop While the price of XRP has dipped considerably from its highs in March,…

Bitcoin’s (BTC) value de­clined sharply, dropping around 15% over the past we­ek. This unanticipated fall has caused unre­st among traders and investors, who were­ optimistic following a recent upswing. Now, analysts are conte­mplating when the market might stabilize­ and initiate recovery.  De­spite this downturn; Bitcoin has exhibited re­silience, with signs of a potential re­bound. Meanwhile, The Graph (GRT), a pivotal player in blockchain data inde­xing, has demonstrated promising growth during this period. Likewise, InQubeta (QUBE) has achie­ved noteworthy progress by…