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 Other whales have withdrawn over 250,000 SOL in the past month, highlighting efforts to manage liquidity and influence market conditions.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.

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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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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.

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Historic Trading Amidst Martial Law
On December 4rd, South Korea experienced a record-breaking cryptocurrency trading volume, reaching $34.2 billion within 24 hours. This surge occurred during a six-hour period of martial law declared by President Yoon Suk-yeol.
According to CoinMarketCap, leading South Korean exchanges such as Upbit, Bithumb, Coinone, Korbit, and Gopax contributed to this unprecedented volume. Upbit, the largest exchange in the country, alone processed $27.25 billion worth of cryptocurrencies.
A Doubling of Trading Volume from the Previous Day
This 24-hour record nearly doubled the trading volume from December 2nd, which had already garnered attention with $18 billion in transactions, surpassing the daily turnover of the South Korean stock market. Tuesday’s trading activity marked the highest single-day total for 2024, according to the local news portal Digital Asset.
Political Crisis as a Catalyst for Trading
Investor panic was triggered after President Yoon declared martial law, aiming to "protect democracy" from alleged anti-state activities linked to the opposition leftist party. Local traders rushed to sell off their cryptocurrencies, leading to significant price drops on South Korean exchanges.
For example, the price of Bitcoin on Upbit temporarily plunged to 88 million won (approximately $62,182). Similar declines were seen in other cryptocurrencies, while exchanges struggled with technical outages due to a massive surge in user activity.
Situation Stabilizes as Martial Law is Lifted
President Yoon lifted martial law after six hours, following a unanimous decision by lawmakers at an emergency session. Cryptocurrency prices subsequently stabilized, and exchanges resumed normal operations.
Opposition Response and Political Fallout
The opposition party announced plans to charge President Yoon, the Minister of Defense, and the Minister of the Interior with treason. They are also seeking their removal from office.
Speculations About the President's Future
On the decentralized prediction market platform Polymarket, speculations about President Yoon's potential departure surged. The likelihood of him leaving office this year temporarily spiked to 78% before dropping back to 47%. If he serves his full term, Yoon's presidency is set to end in May 2027.
This event highlights the significant impact political crises can have on markets, particularly in countries with active cryptocurrency trading.

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Asset management giant Fidelity recently moved 64,997 Ethereum, valued at $213 million, to Coinbase. This large transfer has sparked speculation about a potential sell-off, especially amid Ethereum's recent price decline.
Ethereum Faces Price Drops
Ethereum, like many other cryptocurrencies, has seen significant price reductions. Over three days, it lost 13% of its value, erasing all gains made earlier in the month. This decline has led major holders to transfer substantial amounts of ETH to exchanges, contributing to bearish momentum.
Cumberland Assists Fidelity with ETH Transfers
According to data from Lookonchain, cited by analytics firm Arkham, Fidelity completed this transfer with the assistance of Cumberland, a liquidity provider for its Ether spot ETF. The transfers included:
January 8: Movement of 20,000 ETH ($66.62 million).The following day: Another transfer of 11,250 ETH ($36.94 million) to an address labeled Cumberland DRW.By 19:35 UTC: Two transactions to Coinbase totaling 22,500 ETH ($73 million).
As of this writing, the address still holds 1,474 ETH, valued at approximately $4.8 million.

Other Major Players Selling Ethereum
The Ethereum Foundation also participated in the ongoing ETH sell-off. Data reveals that the foundation sold 100 ETH via the CoW protocol when Ethereum was trading at $3,363 per coin. In return, it received 336,300 DAI, which was transferred to another wallet tied to the foundation.
These activities have raised concerns about further price declines, potentially jeopardizing short-term market recovery expectations.

Fidelity Remains Bullish on Long-Term Growth
Despite recent sales, Fidelity maintains a positive outlook on Ethereum's future. In its report, "2025 Look Ahead," the company highlights the growth potential of the two leading cryptocurrencies, Bitcoin and Ethereum.
The report focuses on the benefits of the Deneb-Cancun upgrade, the importance of Layer 2 solutions for Ethereum, and other planned upgrades. Fidelity also compares Ethereum with Solana, emphasizing Ethereum's advantages in Total Value Locked (TVL) and developer preference, even amid Solana's recent successes in on-chain activity and yields.

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