CryptoTransactions

If you want to use the Banxa feature for KYC (Know - Your - Customer), you'll need to part with some of your fiat currency first. Why? Well, this is how you activate your Pi wallet. 💰💳 Until you complete the migration process, you can't carry out transactions in your Pi wallet. But for now, let's forget about the migration part for a moment.
If you're eager to transact with Pi in your Pi wallet, going through the Banxa KYC is the way to go. 🚀 Once you've successfully completed the Banxa KYC, your wallet will be activated, and voila! You can start transacting Pi. It's like unlocking a secret treasure chest filled with Pi - related possibilities. 🎁
Now, here comes the next step. If you decide to buy Pi on an exchange, you'll then be able to transfer those purchased Pi coins into your newly activated Pi wallet. 📦 It's important to note that this is different from just buying Pi on an exchange without activating your wallet. When your wallet isn't activated, you can buy Pi on the exchanges, but those Pi coins will be stuck on the exchange. You won't be able to transfer them to your Pi wallet because, as mentioned, your first migration hasn't taken place yet. But with the Banxa KYC and wallet activation, you'll be able to move those exchange - bought Pi coins to your very own Pi wallet. 🏦
I really hope this explanation has cleared up all your doubts! Now you know how to navigate this Pi Network - Banxa - wallet - exchange situation. Let the Pi - transacting fun begin! 🎉

#PiNetwork #kyc #CryptoTransactions #Banxa

Rapid Profit Through $SHIRO Trading
A well-known crypto trader, nicknamed sniper, earned an astounding $8.3 million in just 18 hours by trading $SHIRO tokens. This impressive profit came shortly after the Shiro Neko team announced the contract address for $SHIRO.
Using nine crypto wallets, the sniper purchased 18 trillion $SHIRO for 41.48 ETH, equivalent to approximately $151,000. According to data analysis by Lookonchain, these purchases occurred almost immediately after the contract address was announced.

Sniper Sells $SHIRO for Over $8 Million
Following this massive purchase, the sniper sold 15.6 trillion $SHIRO for 2,319 ETH, amounting to $8.44 million. The contract address was officially announced on December 2, 2024, at 20:03 UTC, but records show that several wallets had already purchased $SHIRO before the public announcement. This raises concerns about potential use of insider information.
Market Volatility and Questions of Fairness
This event highlights the fast-paced and highly volatile nature of the crypto market but also raises questions about fairness and transparency. Competing in such an environment can be challenging, especially for regular traders without access to privileged information.
The incident underscores the need for better regulation of crypto trading, ensuring equal access to information for all participants. Fair practices could help build trust and integrity in the market.
$SHIRO as an Example of High Risk and Reward
The rapid rise and subsequent drop in $SHIRO’s value illustrate that cryptocurrencies are a space of significant opportunities but also substantial risks. For investors, it’s a reminder that success in the crypto market often requires speed, knowledge, and a willingness to face high volatility.

#Cryptotraders , #CryptoNewss , #CryptoTransactions ,#memecoin🚀🚀🚀 , #shiro

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Major Whale Movements on Solana Suggest Future Growth
Significant deposits and withdrawals by key players like Pump.fun indicate that large investors are paving the way for Solana's (SOL) price growth. Pump.fun deposited 798,869 SOL worth approximately $154 million on the Kraken exchange while selling 264,373 SOL for $41.64 million USDC. Other whales have withdrawn over 250,000 SOL in the past month, highlighting efforts to manage liquidity and influence market conditions.

The accumulation of SOL could reduce circulating supply, stabilizing prices and driving growth. This move suggests that whales are betting on Solana’s future price surge.

Solana's Network Speed Surpasses 1,300 TPS
One of Solana’s standout features is its incredible speed. The network processes over 1,300 transactions per second (TPS), showcasing its capability to support large-scale decentralized applications and meet user demands.
This milestone underscores Solana's technical prowess in blockchain networks, enabling efficient scalability and increasing its appeal to developers and users. As a result, Solana solidifies its position as one of the most powerful blockchains in the market.

Price Action: Solana Targets $280
On the four-hour chart, SOL is consolidating in a critical range between $238.20 and $239.12, with a bullish trend signaling potential resistance at $242.10. If Solana continues its upward momentum, the target price of $280 represents a key threshold for further growth.

Technical indicators such as MACD and stochastic RSI point to buying pressure, although a minor short-term dip is possible. However, the price remains bullish, indicating the potential for further strengthening.
Solana: Ready for the Future
With growing adoption and innovations like high TPS, Solana is cementing its position in the market. Its infrastructure and technological advantage attract new projects and support decentralized applications, affirming its status as a leader in the blockchain space.

#Solana_Blockchain , #cryptowhales , #whalesclub , #CryptoNewss , #CryptoTransactions

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Massive Transfer from Crypto.com to an Unknown Wallet
Crypto.com, a major cryptocurrency exchange, conducted a massive transfer of 32.74 trillion Shiba Inu tokens to an unidentified wallet, surprising the SHIB community. The transfer was detected by the blockchain tracking platform Whale Alert, which reported multiple transactions between Crypto.com’s hot wallet and the unknown address.
Details of the Transactions
The first recorded transfer involved 1.634 trillion SHIB, moved from Crypto.com’s hot wallet “0xf2B0” to the address “0xa23f.” This transaction, valued at $39 million, took place on Tuesday at 13:47 (UTC). Whale Alert also noted repeated transactions of the same amount five times within a single hour.

In total, the exchange carried out 20 similar transfers to the same destination address, accumulating to 32.74 trillion SHIB tokens worth approximately $390.39 million.
Analysis Reveals Internal Transfers
According to an on-chain analysis by The Crypto Basic, these were internal transfers conducted by Crypto.com. Data from Arkham identified the recipient address as a deposit address belonging to the exchange. Such internal movements are standard practice for major trading platforms to optimize liquidity and enhance the security of their funds.
SHIB Community’s Reactions
The magnitude of these transfers sparked mixed reactions within the Shiba Inu community. Some users questioned the purpose behind such large transactions, while others speculated about a potential hack of Crypto.com. Meanwhile, some interpreted the event as evidence of whale accumulation, where large investors are acquiring substantial amounts of SHIB tokens.
Market Decline and Impact on SHIB Price
The transfer of 32.74 trillion SHIB coincided with a downturn in the cryptocurrency market. Shiba Inu's price dropped by nearly 10% on Tuesday, with the bearish trend continuing into Wednesday, as the token’s value fell another 1.24% to $0.00002151.
Conclusion
While the massive transactions led to speculation, analysis indicates that they were routine internal transfers by Crypto.com. Nonetheless, the event drew significant attention, highlighting the importance of liquidity and security within the cryptocurrency ecosystem.

#SHIB , #CryptoTransactions , #CryptoMarketMoves , #memecoin🚀🚀🚀 , #CryptoWhales

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“