Word of the day BinanceSeason all words right 100% 3️⃣BTC 4️⃣YEAR 5️⃣DAILY 6️⃣REVIEW _ SEASON _ REWARD _ UNWRAP 7️⃣FESTIVE _ OFFLINE _ MEETUPS 8️⃣GIVEAWAY _ DISCOVER _ SURPRISE _ DECEMBER _ CALENDAR
Ripple Whale Shifts $132M in XRP, What’s Happening? $XRP
A massive Ripple whale transaction involving 60 million XRP, valued at approximately $132.2 million, was recently observed on the blockchain. In this case, both the sender and receiver wallets remained unidentified. Thus, the transaction has sparked speculation about its purpose. Ripple Whale Makes Big Move Some analysts suggested that the Ripple whale could represent an over-the-counter (OTC) sale, which typically avoids immediate market impact as it is carried out via an offline mode. Others believe it could be a portfolio adjustment by a large holder, commonly referred to as a whale.
What’s Next For XRP Price? Prominent crypto analyst Brett, known for his insights shared on X (formerly Twitter), highlighted that XRP has broken out of a symmetrical triangle pattern. He urged investors to remain optimistic despite the recent downturn. “Surviving the XRP bear market was the hard part. Don’t let this bull market shake you out now,” Brett emphasized. Brett’s technical analysis suggests that XRP could experience a significant upward trajectory if bullish momentum takes over. He identified a crucial support range between $3.62 and $4.30. A sustained breakout above this level could potentially propel the token toward $5.73, marking a substantial rally. Market observers are closely monitoring the transaction’s implications. If the funds re-enter circulation or are used in significant trades, it could influence short-term market volatility. On the other hand, an OTC deal would likely have minimal immediate impact.
XRP price slowly forms a rare pattern: is a rebound coming? Ripple XRP XRP retreated to $2.14 on Monday, a 26% decline from its highest level this month, meaning that it has moved into a bear market. XRP’s drop happened as its social sentiment score and futures open interest continued falling. According to CoinGlass, the futures open interest dropped to $1.89 billion on Monday, down from the year-to-date high of over $4.29 billion. Ripple’s daily volume has also dropped in the past few weeks as its momentum waned. Its 24-hour volume was over $10 billion, much lower than what it handled a few weeks ago.
Word of the day #BinanceSeason all words right 100% 3️⃣BTC 4️⃣YEAR 5️⃣DAILY 6️⃣REVIEW _ SEASON _ REWARD _ UNWRAP 7️⃣FESTIVE _ OFFLINE _ MEETUPS 8️⃣GIVEAWAY _ DISCOVER _ SURPRISE _ DECEMBER _ CALENDAR
$818 Million in Bitcoin (BTC) Change Unknown Hands The calm of Sunday morning was shattered today by a sudden massive Bitcoin (BTC) shift. According to a report by Whales Alert, 8,427 BTC, equivalent to $818.69 million, were shifted between two unknown wallets. If the recipient's wallet under the address "bc1q5x" is indeed unknown and has never been used, the sender's wallet has some links that may reveal the real owner behind it. As Arkham Intelligence's data shows, the address "bc1qe9" has previous ties to alleged Fortress Trust — a major custodian. Interestingly, the company was on the verge of being acquired by Ripple last year, but the deal was called off. Whether this colossal amount of Bitcoin belongs to Fortress Trust or their former client is unknown. What is known is that such large transfers always have a ripple effect on the market and its participants. Big moves like this don't usually go unnoticed, and for good reason. They tend to cause major market swings, especially on days when there's not a lot of trading activity. When there's less liquidity, even just the possibility of a follow-up move can make things more volatile. When you see a transfer this big, especially outside of centralized exchanges, it's got to be more than just your everyday trading. The implications? It is not something you can just ignore. These transfers are rarely just random. They are probably a sign of something bigger, like a strategic move, a change in the way big institutions are working together, or maybe even a new push into the market. ( #BTCOutlook )
Ethereum Accumulation Address Holdings Surge By 60% In Five Months $ETH
Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days. However, recent data on wallet activity provides much cause to be bullish on Ethereum’s long-term future
200 Million Dogecoin Stuns Binance in Major Move In a major move, 200 million Dogecoin was recently shifted from an unknown wallet to Binance. According to Whale Alert, "200,000,000 DOGE worth $59,925,858 transferred from unknown wallet to Binance."
Word of the day Binance Crypto Adoption all words right 100% 5️⃣ TRUST _ USERS _ OWNER _ AWARE 6️⃣ GROWTH _ CRYPTO 7️⃣ PAYMENT _ VENDORS _ DIVERSE _ INSIGHT _ SERVICE _ CONQUER _ YOUNGER 8️⃣ BEHAVIOR _ ADOPTION _ EDUCATED
Today this pizza is worth almost a billion dollars 🤦🏽♂️😂😅
The history between Bitcoin (BTC) and pizza dates back to May 22, 2010, when Laszlo Hanyecz paid 10,000 BTC for two pizzas. At the time, this amount was only worth $25. Today, these 10,000 BTC are worth millions,
Word of the day Binance Crypto Adoption all words right 100% 5️⃣ TRUST _ USERS _ OWNER _ AWARE 6️⃣ GROWTH _ CRYPTO 7️⃣ PAYMENT _ VENDORS _ DIVERSE _ INSIGHT _ SERVICE _ CONQUER _ YOUNGER 8️⃣ BEHAVIOR _ ADOPTION _ EDUCATED
Word of the day Binance Crypto Adoption all words right 100% 5️⃣ TRUST _ USERS _ OWNER _ AWARE 6️⃣ GROWTH _ CRYPTO 7️⃣ PAYMENT _ VENDORS _ DIVERSE _ INSIGHT _ SERVICE _ CONQUER _ YOUNGER 8️⃣ BEHAVIOR _ ADOPTION _ EDUCATED
The current distribution of Bitcoin tokens. What do you notice? 57% Individuals 17.6% Lost 6.6% Not yet mined 5.2% Satoshi Wallet 3.9% ETFs 3.6% Businesses 3.4% Minors 2.7% governments
Word of the day Binance Crypto Adoption all words right 100% 5️⃣ TRUST _ USERS _ OWNER _ AWARE 6️⃣ GROWTH _ CRYPTO 7️⃣ PAYMENT _ VENDORS _ DIVERSE _ INSIGHT _ SERVICE _ CONQUER _ YOUNGER 8️⃣ BEHAVIOR _ ADOPTION _ EDUCATED
Word of the day Crypto Adoption all words right 100% 5️⃣ TRUST _ USERS _ OWNER _ AWARE 6️⃣ GROWTH _ CRYPTO 7️⃣ PAYMENT _ VENDORS _ DIVERSE _ INSIGHT _ SERVICE _ CONQUER _ YOUNGER 8️⃣ BEHAVIOR _ ADOPTION _ EDUCATED
Crypto: XRP Whale Activity Hits Record Levels On Binance, What Are They Planning? The world of cryptocurrencies is in turmoil, and this time, it’s XRP that is making headlines. With an unprecedented flow of 2.66 billion tokens transferred to Binance in 30 days, “whales” are taking control of the market. But what do these massive movements signify? Are they preparing for a storm or a new opportunity?