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Search Results for: whales

ETH Bears Dominate Amidst Ethereum ETFs Updates

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

September 8, 2023 3 mins read

Ethereum (ETH) Price Likely to Decline Further Amid Bear Dominance

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

September 6, 2023 2 mins read

Liquid Staking Soars Despite Overall Crypto Market Downturn

Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high.  Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an

September 5, 2023 1 min read

Bitcoin Cash (BCH) Investors Profitable for the First Time Since Mid-June

The Bitcoin Cash (BCH) price has experienced ups and downs over the past few weeks. After staying below the $180 mark for two weeks, BCH has surpassed the $200 range. According to the Santiment report, short- and long-term investors gained a notable profit with this sudden surge for the first

August 31, 2023 2 mins read

Altcoins : Things to Know Before Investing in Bear Market

Amidst a crypto market dominated by bears, the global cryptocurrency market cap  stands strong at $1.09 trillion. In the past 24 hours, a minor surge of 0.27% has occurred, reflecting a notable shift of 6.62% from a year ago. While Bitcoin (BTC) asserts its authority with a market cap of

August 29, 2023 3 mins read

Ethereum Price Yet Again Fails To Break Key Resistance Level

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

August 29, 2023 2 mins read

Ethereum Struggles to Gain Momentum as Whale Moves 24K ETH to OKX

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

August 28, 2023 2 mins read

Ethereum (ETH) Price Consolidates Awaiting Next Big Move

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

August 26, 2023 2 mins read

Can ETH Surprise with Bullish Sentiments Amidst Market Downturn?

In a show of resilience amidst a volatile market, Ethereum (ETH) has managed to shown slight recovery from its recent dip below the $1,603 mark. The cryptocurrency’s price now stands at $1656 with a 24 hours trading volume of $199 billion. Amidst Ethereum’s plunge below the $1,650 mark and the

August 25, 2023 1 min read

Whale Accumulates $5M ETH and DeFi Tokens – Price Explosion Incoming?

An anonymous cryptocurrency whale recently made a series of large purchases totaling around $5 million spread across Ethereum and several top DeFi tokens, including Lido, Uniswap, and Aave. The whale acquired the assets at prices largely in line with current market rates, buying 557 ETH at $1,676 each, 593,139 LDO

August 24, 2023 1 min read