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Search Results for: whales

Are SHIB Resistance Levels Poised for a Breakthrough?

Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past

September 10, 2024 2 mins read

Cardano Whale Dumps Long-Held ADA Bag, Shifts Focus to RWA Tokenization

In a surprising turn of events, a prominent Cardano (ADA) whale who has held a significant position since 2017 has recently liquidated their ADA holdings. This whale, a longtime believer in Cardano’s potential, has now shifted focus to an emerging Real-World Asset (RWA) tokenization project, signaling a growing trend among

September 10, 2024 5 mins read

Whale Activity Impacts Solana Price with A $4M Purchase

Solana has maintained a steady bullish trend over the past day, with the moving average at $130.82, below its current trading value of $133.84. The RSI is near neutral at 45.42, indicating a stable momentum. Recent whale activity has notably influenced Solana’s price in the last 24 hours. A whale

September 10, 2024 2 mins read

Metalpha Deposits Ethereum To Binance Amid ETH Price Recovery Signals

The crypto sector during pivotal market situations sees increased whale activity. Whale movements when significant often influence cryptocurrency prices. Relatedly, in the last few hours, Hong Kong Asset management firm, Metalpha garnered market attention with significant Ethereum movements. Notably, LookOnchain reported that Metalpha moved 10,000 Ethereum tokens worth $23.45 million

September 10, 2024 2 mins read

QNT Coin Analysis Shows 12% Price Surge with Rising Open Interest

The interoperability network crypto coin Quant (QNT) has showcased a notable price increase of approximately 12%, climbing from a low of $63.96 to a high of $71.58. This marks the second consecutive day of gains, with QNT reaching its highest level since August 24. Although the token has risen by

September 9, 2024 2 mins read

Investors Await US Employment Data Amid Fed Rate Cuts Speculation

There have been increasing demands for Bitcoin prices below $50,000. As the market continues to see selling pressure on the cryptocurrency. Nevertheless, Bitcoin whales persist in amassing BTC with each price decline. The whales seem to be feeling confident in the days leading up to Friday’s publication of US employment

September 6, 2024 1 min read

Is September Poised to Continue Its Bearish Streak?

Historically, September has been a challenging month for financial markets, including the cryptocurrency sector. Over the past decade, Bitcoin (BTC) has declined during September in 8 out of 11 years, with an average drop of around 8%. This pattern aligns with broader market trends, as September tends to be bearish

September 3, 2024 2 mins read

Bitcoin Price Surges to $59K Reaching a Four-day High

Bitcoin’s price saw a notable movement today, reaching a four-day high of $59,200. This surge marks a significant turn after a downward trend that began in late August. The current price recovery raises questions about the underlying factors driving this shift and whether the momentum can be sustained. Bitcoin has

September 3, 2024 2 mins read

Is Ethereum Poised for an Imminent Bullish Rebound?

Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.

September 3, 2024 2 mins read