The past 24 hours saw exponential growth in burning activity for popular meme coin Shiba Inu (SHIB), alongside several mammoth token transfers from mysterious crypto whales. According to data analytics platform Shibburn, over 10.3 million SHIB tokens were destroyed in the last day, catapulting the current burn rate up a
Cryptocurrency exchange LBank tweeted that Memecoin (MEME) is a top trending token to watch currently, sparking buzz around the meme-inspired asset. Shortly after, data revealed that two enormous “whale” wallets scored tens of millions in MEME tokens via free airdrops. LBank tweeted that Memecoin, which is backed by the Memeland
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing some challenges in maintaining its recent bullish momentum. ETH bulls reemerged in the final week of October, propelling the price to reach a four-month high of $1,912 yesterday. However, over the past 24 hours, Ethereum has encountered high volatility, resulting in
On-chain data indicates Bitcoin whales have been aggressively accumulating in recent days, purchasing over 30,000 BTC worth about $1 billion over the last week. According to crypto analyst Ali, the rush of Bitcoin spot ETF applications appears to be fueling increased appetite for Bitcoin among whales and institutions. Blockchain analytics
Shiba Inu had an increase of 841% in outflows last week, as reported by IntoTheBlock. The Large Holders Outflow feature of IntoTheBlock monitors the withdrawal of funds from the addresses of whales and other significant holders, making it possible to detect panicked selling. Rapid withdrawals from exchanges or sales from
Large Ethereum holders have been rapidly withdrawing ETH from centralized exchanges as prices recover above $1,850, according to blockchain analytics firm Santiment. Santiment reported that the percentage of ETH supply held on exchanges has dropped to just 8.41%, the lowest level since Ethereum first launched in 2015. Ethereum exodus comes
The recent update by Whale Alert, a blockchain tracker implies that recently, a large sum of Shiba Inu changed hands between two unknown digital wallets. This move is worth a phenomenal $32,142,200. This week is the seventh time an unknown whale has transferred a gigantic mass containing 3.5 trillion Shiba
According to analytics provider Santiment, large Chainlink (LINK) holders have been rapidly accumulating tokens over the past 5 weeks amidst a price recovery. Chainlink has gained 30% over the last 5 weeks, now trading at around $7.51. During this period, Santiment data shows wallets holding between 100,000 to 1 million
This week, the crypto community learned of a striking discrepancy in the attitudes of the “whales” holding the two largest cryptocurrencies on the market: Bitcoin and Ethereum. On-chain research business Glassnode data shows a dramatic decline in the number of Ethereum “whales” (individuals holding 1,000 or more ETH, or around
Whales, the influential players in the cryptocurrency market, are sending signals that could impact the current market trajectory. Crypto analytics firm Santiment has noted a significant trend– Whales are steadily reducing their holdings of stablecoins, which have hit a six-month low. This development is considered to have significant implications, as
