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
In the current bearish climate within the crypto world, Ethereum, the second-largest cryptocurrency, has undeniably felt the impact. Over the past 30 days, ETH has experienced a significant 10% decline, and in the last 7 days, it continued to slide with a 5% decrease. Despite a brief surge at the
Ethereum price has declined over the last week as the market struggles with persistent macroeconomic uncertainties and prolonged delays in the approval of spot ETFs. According to on-chain data, whales are quite active during this severe market downturn. Ali Martinez, a prominent crypto researcher, recently shared that in only 24
The overall crypto market seems to be stabilizing following a period of intense turbulence. At the time of writing Ethereum is trading at $1,645, up 0.82% in the last 24 hours as per CMC. However, Ethereum’s continuing decline over the previous month becomes more apparent at a wider scale as
Ethereum (ETH), the second-largest cryptocurrency, experienced a massive downtrend over the past few weeks, failing to break through its key resistances. Meanwhile, Ether whales have been executing huge transactions on leading crypto exchanges such as Coinbase and OKX in the last 24 hours. Whale Alert, a blockchain tracker and analytics
As the bulls and bears continue their fight, the ETH price has been under intense selling pressure. On the other side, there are hints of new developments in network activity data. Santiment, a data analytics platform, highlighted a critical aspect of growing centralization: the abandonment of retail traders in the
Dubai, UAE, August 25th, 2023, Chainwire Sensei Inu, a new memecoin, has launched its presale and onchain analysis suggests that SHIB whales could be claiming their share. Whales exiting SHIB may have found a new diamond in the rough whose compelling tokenomics make it one to watch. Sensei Inu (SINU)
Musk’s tweets have been known to sway the crypto market, and now, the question arises: Will Pomerdoge be his next target for a tweet? As investors from Solana and Ethereum join the presale, there’s anticipation brewing over the potential impact of Musk’s influential digital nod. Let’s delve into the possibilities
In the last 24 hours, the cryptocurrency market has moved inside a narrow range. Also, the fear and greed measure is now at 51 out of 100, which is in the middle of the spectrum. On Thursday, bulls drove the price of Ethereum (ETH) closer to $1,900. Ever since the
The memecoin community is rejoicing over the recent news of Dogecoin dominating other major cryptocurrencies like Bitcoin and Ethereum in terms of trading volume. It has experienced an impressive surge of 513.20%, breaking the 24-week streak of flat trading charts. Even Litecoin, which saw a persistent surge in trading volume due
