In the cryptocurrency market, individuals or entities that own large amounts of a particular cryptocurrency are referred to as “whales.” Their movements are an important indicator of market trends, as they can significantly impact prices.
Here is an overview of the prices of some of the major cryptocurrencies at the moment:
Bitcoin (BTC): Current price $96,890, down $3,673 (-3.65%) from the previous close.
Ethereum (ETH): Current price $2,742.15, down $126.09 (-4.04%) from the previous close.
Binance Coin (BNB): Current price $565.47, down $22.54 (-3.83%) from the previous close.
Ripple (XRP): Current price $2.39, down $0.31 (-11.48%) from the previous close.
Cardano (ADA): Current price $0.73793, down $0.04442 (-5.68%) from previous close.
Some reports suggest that whales have recently deposited large amounts of Bitcoin on exchanges like Kraken, which could indicate an intention to sell. For example, 778 BTC ($72 million worth) was deposited on Kraken 3 hours ago, bringing the total deposits since December 20 to 3,038 BTC ($286 million worth).
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