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A smart whale with a $62M profit withdrew 1,100 $BTC ($64.2M) from #Binance 14 hours ago. This whale is skilled at buying $BTC at lows and selling at highs: • accumulated 2,947 $BTC (most of its holdings) during the pre-pump period (Nov 2023 - Jan 2024) at $44,300 on average; • strategically unloaded 315 $BTC at several local highs in Mar and Aug, averaging $60,384. Current holding: 3,823 $BTC ($227M). Estimated total profit: $61.8M (+34%).
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#RDNT getting ready for strong bullish breakout on daily TF. Bullish engulfing candle closed above the horizontal trendline resistance with strong volume as well. Expecting 200% -240% mid-term bullish rally from this zone $RDNT #RDNTUSDT
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is currently consolidating within a symmetrical triangle, reflecting a phase of indecision with the potential for a significant move upon breakout or breakdown. The 200MA is providing strong support, indicating bullish strength, while the 100MA is acting as a resistance barrier. This resistance heightens uncertainty, suggesting that a decisive move above the 100MA could trigger a bullish breakout, while a breakdown below the triangle may confirm a bearish trend.
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Whales continue accumulating #Bitcoin while small traders panic - in August alone, more than 283 wallets surpassed the 100 $BTC mark In total, over the past 30 days, wallets with a balance of 10 to 10,000 $BTC have accumulated more than 133,000 $BTC, worth over $7.6B
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#ETH/USDT ANALYSIS ETH is currently consolidating within an ascending broadening wedge pattern, trading just above the support trendline. Both the 200MA and 100MA are acting as strong support, contributing to the bullish momentum. A bounce from the trendline is likely if this momentum holds. However, if ETH breaks below the support trendline, it could signal further correction.
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